ANALYSIS: Turkeys Stuck at Home, Exports Drop in August
On a year-over-year (YoY) basis, total turkey export volumes were down -10% in August, while total export values were up 4%. These numbers could suggest a combination of a few factors. First, export buyers may have been buying less overall production, but the production they were purchasing may have been of a higher value than the previous year.Second, in the case of Mexico, an average YoY increase in the strength of the Mexican peso to the U.S. dollar may have supported Mexican buyers. Last, but certainly not less...
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