Turkey Exports Continue Lower In August
10/16/2009 10:30AM
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Turkey exports in August were 55 million pounds, up 7 million pounds from July, but still down 14 percent from a year earlier. Turkey exports have totaled 341 million pounds during the first 8 months of 2009, down 21 percent from the same period in 2008. Exports have been lower to almost all markets, with shipments to Mexico and China, the two largest markets, both down 24 percent over the first 8 months of 2009 compared with the same period in 2008. However shipments to China in August were up somewhat from a year earlier and shipments to Hong Kong have been up 4 percent so far this year. There has also been some growth in shipments to Caribbean markets, with exports to Cuba and Jamaica both having double digit growth so far in 2009. Unlike broiler shipments, the unit value of turkey exports has increased slightly so far in 2009. The total value of turkey exports has totaled $251 million, down 18 percent from the previous year.