date:Apr 17, 2013
sed pricing due mainly to lower supply and strong U.S. demand as consumers show signs of shifting from higher priced beef and pork, Fitch said. A backup in chicken supply due to significantly lower export activity to key markets in Asia could dampen pricing in the U.S. and hurt profitability for the U.S. chicken industry. However, given that pork is Chinas most consumed protein, any substitution towards pork as Chinese consumers reduce chicken consumption could benefit pork exporters such as Smi