EU poultry farming could increase this year

Published Jun 5, 2020

Tridge summary

The European Union's poultry production is projected to grow moderately, with a predicted 1.2% increase from the previous year, despite the COVID-19 pandemic's impact on the HoReCa sector and catering industries. This growth is expected to be led by broiler meat, although species like ducks, guinea fowl, pigeons, and quails may face challenges. The UK's Avara Foods is planning to close its duck business due to the pandemic's effects on the gastronomy and catering industries. EU poultry imports might see a slight decrease in 2020, while exports are expected to continue their growth, influenced by high global demand, though avian influenza outbreaks in countries like Poland could affect export trade flows.

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

Original content

EU poultry production is expected to grow this year, albeit at a moderate pace. The European Commission expects growth to be 1.2% higher than last year, when consumers switched from more expensive meats to poultry. Although this is lower than the 1.6% increase in 2019, it still represents a fair return despite the HoReCa sector and the cessation of catering due to the coronavirus. However, species that are harder to sell, such as ducks, guinea fowl, pigeons and quails, will be affected. In the UK, Avara Foods has proposed closing its duck business, Cherry Valley Foods in Lincolnshire, amid the collapse of the gastronomy and catering industries. “External market conditions are an increasing challenge in feed costs, feather prices and European competition. The combined effect of these puts tremendous pressure on the business, ”said Avara. Broiler prices are highly volatile, but overall consumption is expected to increase. The outbreak of the coronavirus initially boosted broiler ...

Source: AgroForum