20 million chicks a week are no longer placed in the EU

Published 2020년 6월 9일

Tridge summary

The article outlines the severe challenges faced by the European poultry industry due to the COVID-19 pandemic. The end of containment measures has led to a collapse in out-of-home consumption, which accounts for a significant portion of poultry production, especially for 'small species' like duck, pigeon, and rabbit. Additionally, hundreds of thousands of tonnes of poultry meat and eggs imported from third countries, intended for out-of-home consumption, are now unsellable, causing an oversupply and soaring storage costs. This has resulted in a sharp 12% price drop, threatening the livelihoods of many European farmers and potentially leading to the abandonment of their operations. The crisis is expected to cause thousands of job losses in rural areas and has already lost up to a billion chicks since its onset.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Containment measures have ended all out-of-home consumption, which accounts for between 20 and 40% of production depending on the Member State and, for some species, approximately 100%. "Small species" such as duck, pigeon, quail, rabbit, guinea fowl, or goose cannot be sold easily or at all through retail distribution channels due to the notable differences in their respective supply chains. At the same time, each year hundreds of thousands of tonnes of poultry meat are imported into the EU from third countries (mainly from Brazil, Thailand and Ukraine - as well as thousands of tonnes of eggs from Ukraine or the United States). Most of these meats are intended for consumption away from home and therefore cannot be marketed now. As expected, this has resulted in an oversupply situation as cold rooms across Europe have reached full capacity and storage costs continue to rise as the crisis worsens. More than EUR 100 million has already been spent across Europe! In parallel, there ...
Source: Agrodigital

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