Expensive corn leads to losses in Ukrainian poultry industry

게시됨 2020년 11월 26일

Tridge 요약

Ukrainian poultry farmers have warned the Prime Minister Denis Shmuhal of potential losses due to falling retail prices and rising production costs. The average marginality for broiler meat and egg sectors is -12% and -17% respectively, with the largest vertically integrated companies being the only ones with positive margins. The situation is worsened by a slump in prices on both domestic and export markets, and the industry's turnover funds are shrinking. The farmers have urged the government to include corn in the annual memorandum to prevent further price increases and feed shortage.

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원본 콘텐츠

This is stated in a joint appeal the Ukraine Union of Poultry Farmers as well as some other local business associations made to the Ukrainian Prime Minister Denis Shmuhal. “As long as retail prices for poultry products are interconnected with the Ukrainian population’s purchasing power – which has been low – the rise in production costs drives broiler meat and egg producers into losses,” the farmers warned in their statement. Currently, the broiler meat sector’s average marginality is -12%, while average marginality in the egg sector stands at -17%, the farmers estimated. Without a substantial price hike, margins are expected to remain below the breakeven point. Ukrainian poultry farmers are caught in the middle of falling prices and rising production costs. In September of this year, the average retail price for broiler meat in Ukraine dropped by 15% compared to the previous year, the Ukraine State Statistical Committee reported. On the domestic egg market, prices fell for the ...

출처: Poultryworld