27.10.2016

Gain Report - USDA

Japan’s broiler market is on pace to set new record highs for domestic broiler meat production (projected up two percent to 1.44 million MT), total consumption (up two percent to 2.635 million MT), and imports (up one percent to 945,000 MT) in 2016, breaking record high levels set in 2015.
Japan’s broiler meat supply and consumption have grown briskly through the first half of 2016. However, Post anticipates that high 2016 year-ending stock levels (projected up 15 percent to 157,000 MT) and ample supplies of competing proteins in the market could weigh down 2017 production, import, and consumption numbers as the market begins to unwind stocks and as broiler meat competes fiercely for consumer protein spending.