The Irish poultry market is facing a major crisis

Published 2022년 4월 6일

Tridge summary

The Irish poultry sector is facing a crisis due to increasing costs and low margins, with farmers unable to continue placing day-old birds or layer hens unless they recover their costs. Negotiations are ongoing as part of the IFA campaign to recover farmers’ costs, but the war in Ukraine has driven feed and energy prices to unprecedented levels. The increase offered by processors and egg packers is not enough to cover producers' costs, and without an increase in the wholesale retail price, the sector is in danger.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Irish poultry sector is confronted with an increase in costs and low margins for farmers and that may be the start of a crisis, as IFA Poultry Chairman Nigel Sweetnam underlined in a press release. "There is a strong possibility that shelves will be empty in the supermarkets as farmers won’t continue to place day-old birds or layer hens unless their costs are recovered," he warned.So far, negotiations have been taking place with processors and egg packers as part of the IFA campaign to recover farmers’ costs from the marketplace. Nigel Sweetnam said producers cannot get anymore credit and cannot afford to pay their energy bills.“The war in Ukraine has driven feed and energy prices to unprecedented levels, meaning that in the case of the chicken processors, there are additional feed and energy costs that need to be covered, before they pass back the required increase to farmers. The increase offered by the processors and egg packers, from their share of what they were able to ...
Source: EuroMeat

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