http://money.cnn.com/2006/05/19/news/international/china_chickendeal/index.htm?cnn=yes
What?American chicken could soon be making plenty of round-trip visits to China.
The Department of Agriculture last month certified China as eligible to export processed chicken meat to the United States -- but with one caveat. The chicken has to be American.
In other words, American chicken will travel across the ocean once and return cooked and canned - to be sent on its way to a supermarket shelf near you.
The U.S. is the world's largest poultry producer. Almost all of the chicken consumed by Americans last year, valued at $50 billion, was produced domestically at about 30,000 chicken farms across the country. Total chicken production in 2005 totaled about 35 billion pounds.
If the U.S. is already self-sufficient in meeting its own chicken demand, what's the economic rational behind this China deal?