![]() Imported soyabean meal (SBM) is the major dietary protein (DP) source for the sub-Saharan African poultry industry making poultry production costly. Higher prices for chicken in China may be due partly to that country's policy that raised the floor price for corn each year from 2009 to 2012 (Gale 2013 between corn and chicken prices suggests that Chinese policies that raised grain prices have contributed to the rise in chicken prices and thus eroded its international. ![]() ![]() China's chicken price has moved further above the U.S. However, China's relative competitiveness has eroded further since those duties took effect. chicken beginning in 2010 was based on an assertion that subsidies for crops give U.S. China's imposition of antidumping and countervailing duties against U.S. Higher prices reduce the competitiveness of China's exports and increase China's demand for imports. ![]() dollar has moved the China price 15% to 30% higher than the U.S. Since then, the rising domestic price in China combined with appreciation of the Chinese currency against the U.S. was approximately 30 percent less than the U.S. The Chinese wholesale chicken price converted to U.S. cumulative effects of rising Chinese feed prices and wages combined with currency appreciation contribute to rising chicken prices in China that erode the international competitiveness of the country's poultry.
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