Europe: .0.Good prices for meat poultry continue

Published 2023년 6월 23일

Tridge summary

Bird flu has had a impact on the European poultry market, particularly affecting turkey production. High production costs, especially feed, have led to reluctance in ordering chicks among some farmers and integrations. Despite these challenges, poultry production in Poland is growing due to favorable market conditions, increasing supply. The poultry sector is finding stability in broilers, which are more cost-effective and provide more certainty in sales and pricing. There is optimism for well-balanced prices in the long term, with expectations of slightly lower prices in the second half of 2023 due to anticipated decreases in feed costs. However, the future outlook for 2024 is uncertain.

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

Original content

Van den Hurk notes that bird flu is less active in Europe. 'But besides bird flu there are other factors that influence the market. For example, the cost price for the production of poultry meat has risen considerably. Especially the feed costs, which make up 60 to 70 percent of the total costs. As a result, a number of poultry farmers and integrations are reluctant to impose chicks.' In addition, according to the Rabobank sector manager, poultry production in Poland is growing due to the positive market conditions. This increases the supply from that market. Turkey sector is shrinking Turkey production is declining in the Netherlands. Some turkey farmers want to switch to broiler poultry. 'Turkeys are not only more sensitive to bird flu, they are also heavier animals. Raising a turkey costs a lot of capital and that makes the risk greater than with broilers,' says Van den Hurk. 'Another factor is that not the entire chain is located in the Netherlands. For example, turkey farmers ...

Source: Nieuwe Oogst