August 14, 2014
Russian President Vladimir Putin announced a 12-month ban on importing certain agriculture products from the U.S., 28 European Union nations, Norway, Canada and Australia starting Aug. 7.
The ban includes meat, poultry, fish, fruit, vegetables and milk. The move is a response to sanctions those countries imposed on Russia.
According to the American Farm Bureau Federation (AFBF), 2013 U.S. exports to Russia totaled $1.3 billion, which accounts for about 1 percent of total sales. Last year, poultry exported to Russia totaled $303 million.
While U.S. poultry growers are concerned about the ban, strong domestic demand for chicken may offset any negative effects. According to recent research from the National Chicken Council, poultry consumption in the U.S. is currently up 17 percent over last year.