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2024 Feedstuffs Feed Ingredient Analysis Table
It's back! Feedstuffs has updated its feed ingredient analysis values table of more than 100 commonly used feed ingredients.
Export unit values supported by key markets in Asia.
October 19, 2018
Beef and veal exports have the highest unit value so far this year, averaging $2.36/lb., U.S. Department of Agriculture economist Kim Ha relayed in the latest “Livestock, Dairy & Poultry Outlook.” The numbers have been driven largely by high-value markets in Asia, Ha said.
Despite representing less than 0.1% of total 2018 U.S. animal protein export volumes, USDA reported that lamb and mutton shipments have the second-highest unit value, with a year-to-date average of $2.28/lb.
Cheese exports currently have a unit value of $1.90/lb., which is a weighted average for a wide variety of cheeses and usually is higher than the price of basic wholesale commodity cheddar.
Egg exports, which Ha said are more or less equally comprised of higher-value shell eggs and lower-value egg products, have a unit value of $1.08/lb.
The unit value for turkey, at $1.02/lb., closely approximates the unit value of turkey shipments to Mexico, which constitute more than 64% of the U.S. turkey export market.
The unit value of pork, at 99 cents/lb., is heavily influenced by markets in Japan (which are higher value), South Korea (mid-value markets) and Mexico (lower-value markets).
Finally, broiler exports — which are dominated by lower-value dark meats — have the lowest unit value, at 46 cents/lb.
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