It's been almost three weeks since China placed tariffs of up to 105.4 percent on U.S. chicken imports. As a result, the USA Poultry & Egg Export Council reports that market has dried up. Companies have less than three weeks to appeal China's decision. USAPEEC spokesman Toby Moore told Meatingplace - it makes it not feasible to ship there. We're out of the market, period.
U.S. companies exported 649.2-million dollars worth of chicken products to China last year, making China the second-largest importer of U.S. chicken behind Russia. About half of the exports are chicken paws, which have little value in the United States but can fetch 60 cents to 80 cents a pound in China. The remainder consists of wing tips, mid-joints and leg quarters.
China imposed the duties after its Ministry of Commerce conducted an unfair trade practices investigation last fall and concluded the country's local producers had been hurt by U.S. products sold at unfairly low prices. Three U.S. companies received individualized import duties, with Tyson Foods at 43.1 percent, Keystone Foods at 44 percent and Pilgrim's Pride at 80.5 percent.
Source: kticam
