Japanese broiler industry recovers from HPAI

BROILERSMARKETS / TRADEAVIAN INFLUENZA1810
Broiler production in Japan is now expected to rise following the aftermath of a HPAI outbreak in March 2011 which led to an over-supply of unsold broiler meat and storage of broiler stock.

The size of Japan’s current broiler stock in cold storage is estimated to be 152,780 tonnes, an addition of about 5,400 tonnes to last year’s unsold inventory.

The severity of the surplus have applied downward pressure on the broiler prices in Japan, and expectations are that the country will lower imports and decrease domestic production in an effort to amend for the current surplus. Reduction in broiler imports is expected to continue in 2013.

Source: USDA