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The 2024 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2024 calendar year.
The Malaysian government will end chicken egg subsidies effective August 1, 2025 as part of a broader shift from blanket subsidies to targeted assistance. Current ceiling prices for certain grades of eggs remain unchanged.
Chicken production in South Korea will continue its gradual growth trend through 2024 and into 2025, as poultry inventories recover from productivity challenges in 2023 and fend off a 2024 outbreak of HPAI.
On July 1, 2024, the United States and Republic of Korea agreed to the labeling requirements outlined in this report regarding storage state for U.S. red meat and poultry products and U.S. processed red meat, poultry, egg, and dairy products.
The 2023 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2023 calendar year.
Post forecasts a rebound in Korean poultry production for 2024, surmounting 2023 supply challenges to meet rising consumer demand for chicken meat.
The 2022 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2022 calendar year.
Malaysia again extended the subsidy for the poultry industry until December 2022 to stabilize the price of whole chicken (processed and sold with head, feet, and organs) and eggs, as stated by the Ministry of Agriculture and Food Industries (MAFI) on Sunday, October 9, 2022. In total, Government of Malaysia (GOM) allocations for chicken and egg subsidies from February to December 2022 will amount to RM1.233 billion (USD$265.16 million).
After two consecutive years of reduced chicken production in 2021 and 2022, Korea’s chicken production is projected to recover by 1.6 percent to 945,000 metric tons (MT) in 2023 due to increased chicken inventory and rising consumer demand.
Effective June 1, 2022, Malaysia intends to ban export of poultry products to ensure sufficient domestic supply. This is the latest in a series of measures taken to try to combat rising food prices in the country.