Global: Chicken eggs will continue to be "golden" in 2023

Published 2023년 4월 14일

Tridge summary

Bird flu is causing significant issues in the poultry industry, leading to increased prices for eggs and chicken meat. The surge in prices began in 2021 due to rising feed prices, followed by the bird flu epidemic. The situation is expected to persist, with egg prices hitting record highs in many countries, including a 55.4% increase in the USA and the EU experiencing a 31.1% average increase in egg prices in February 2023. The disease has impacted millions of laying hens across Europe, Asia, and Latin America, with Brazil's poultry industry being a major concern. The industry faces challenges such as high production costs and legislative changes, including New Zealand's ban on caged poultry, which has reduced the country's laying hen population.

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

Original content

Bird flu continues to wreak havoc on bird numbers in various countries. After eggs, chicken meat is also expected to increase in price. According to Rabobank analysts, egg prices in 2023 reached a historic high in a number of countries that suffered from bird flu, high production costs and legislative changes. There are no expectations for the situation to improve for the end customer, writes AgroXXI. France vaccinates en masse against bird flu The first jump in the prices of production from the poultry sector was in 2021 - as a result of the increase in the price of feed. After prices fell, came the bird flu epidemic. In order to have more stability along the value chain, it is necessary to improve cooperation in production chains with a greater willingness of buyers to compensate high production risks for egg producers, the Rabobank report said. In Latin America, in particular, hen egg prices have risen rapidly due to new cases of bird flu in the past two years. The disease ...

Source: Agri