EU poultry farming could increase this year

Published Jun 22, 2020

Tridge summary

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.

Original content

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 prices due to household stockpiling, but has fallen below the five-year average in recent weeks. At the same time, there are signs that poultry meat capital consumption will continue to increase this year, rising to 23.6 kg / capita (+ 0.2 kg), according to one report. EU poultry imports increased moderately by 1.8% last year, but this amount is likely to decline slightly in 2020 due ...
Source: AgroForum
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