Tridge summary
The geese industry is facing a challenging St. Martin's Day and Christmas due to a combination of factors including rising feed prices, the pandemic, bird flu, and an energy crisis. These factors have led to significant increases in the prices of chicken, duck, and goose, with goose prices almost doubling. The industry is bracing for a drastic reduction in consumption, similar to 2008 when consumption fell by 40%. Small producers are giving up goose hunting due to the additional costs and bird flu outbreaks, which have reduced the production time. Despite these challenges, the industry plans to invest and increase the number of animals, and has the support of approximately 1,800 employees. The main markets for the goose are Germany and Austria, with exports to other countries. The industry's dynamically developing waterfowl consumption in Hungary is also providing a basis for continued growth.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
While St. Martin's Day and Christmas have been "red-letter holidays" in the goose breeders' calendars since time immemorial - 80-90 percent of their annual stock is sold out at this time - the geese see no reason to rejoice this year. This year could perhaps be compared to St. Martin's Day in 2008, when people were waiting for the holidays with serious recession fears, and this also left its mark on festive consumption. At this time last year, we talked about the fact that the sector had to deal with three serious problems: the already rising feed prices, the pandemic and bird flu. Although we constantly defended ourselves against them, they still live with us today, and what's more, the situation has worsened with the energy crisis. The latter produces price increases of 6-8-10 times, which is unmanageable. And then we haven't even mentioned the drought of the century, which left us with brutal feed prices. It is also obvious that not all additional costs can be passed on to ...
Source: Magro
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