WASHINGTON/MOSCOW (Reuters) - Russian chicken importers have begun seeking alternative suppliers, including Thailand, as talks with U.S. experts ended on Thursday without a commitment to reopen the biggest U.S. export market.
Russia, which spent $800 million on U.S. poultry in 2008, has banned imports from its largest supplier on concerns about the common U.S. practice of treating the meat with chlorine to kill bacteria that can cause food poisoning.
Both sides said progress was made during two days of talks in Moscow and that negotiations would continue soon to resolve the meat dispute. Russia also has banned pork from all but six U.S. processing plants for excessive antibiotic residues.
No date has been set for the resumption of talks. Lack of a deal weighed on hog futures in Chicago as traders anticipated increased chicken supplies in the U.S. market that would compete with pork.
See the full story and graph at Retuters.
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