World: Chicken eggs will remain golden in 2023

Published 2023년 4월 11일

Tridge summary

Avian influenza has led to a significant increase in egg and chicken meat prices in various countries, including historic highs for eggs in 2023. The price increase was initially due to a rise in feed prices in 2021, followed by bird flu outbreaks. The situation is particularly severe in Latin America, with the United States, Japan, and Europe experiencing significant losses in laying hen populations. The European Union has seen egg prices rise by an average of 31.1% in February 2023, with notable differences between countries. The disease is also impacting poultry trade, with Argentina and Chile temporarily losing their global market status. The situation could potentially affect global poultry trade and exports to Europe, especially if Brazil is affected. Legislation such as New Zealand's ban on caged poultry is also contributing to the reduction in the number of laying hens.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Avian influenza continues to wreak havoc on laying hens in various countries. Following the rise in price of eggs and chicken meat Egg prices hit historic highs in 2023 in a number of countries hit by avian flu, high production costs and regulatory changes, Rabobank analysts say. The first jump in prices for poultry products was due to a rise in feed prices in 2021, and when chicken feed prices then fell, avian flu entered the business. In order to create more stability in the value chain, there needs to be better collaboration across production chains with greater willingness of buyers to offset the high production risks of egg producers, Rabobank said in a report. Particularly in Latin America, chicken egg prices are rising rapidly due to bird flu outbreaks in the past two years. The disease has hit poultry farmers the most in the United States, with over 40 million laying hens culled in 2022, and in February 2023, Americans paid 55.4% more for eggs than a year earlier. In ...

Source: Agroxxi