Pork is getting more expensive while chicken is getting cheaper in Bulgaria

Published 2021년 9월 9일

Tridge summary

Pork prices in Bulgaria have increased to BGN 3,600 per ton in August, with an expected rise to BGN 3,750 in September due to high feed costs. Chicken prices, on the other hand, have decreased to BGN 3,050 per ton from July's BGN 3,129. The cost of industrial meat produced from broilers until June 2021 was 42.8 thousand tons, a decrease of 0.8% from the previous year. There is anticipation of a significant increase in the wholesale prices of beef and veal due to rising European and global prices. The estimated increase compared to July is between 7.5% to 10%, with prices expected to be higher by about 7.9% compared to last year and 0.4% compared to prices for the same period in 2019.

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

Original content

Pork prices rose last month, and chicken prices fell, according to an August report from the Center for Agricultural Economic Research. For the period, a ton of pork carcass weight cost an average of BGN 3,600 in Bulgaria against BGN 3,560 in July, and analysts expect the price to increase to about BGN 3,750 in September. prices and rising feed costs will put pressure on local producers. The forecast prices will remain lower than the ones reported in September 2019 and 2020 - BGN 3.87 / kg and BGN 3.79 / kg, respectively. The trends in chicken are different. In August it dropped to BGN 3,050 / t compared to July, when it was BGN 3,129 / t. On an annual basis, however, the prices of chicken meat in July reached BGN 3.13 / kg carcass weight, which is 11% above the level in the same month in 2020 and 5% above the level in 2019. Expectations are in the coming months prices to remain stable over BGN 3 / kg. Industrial meat produced from broilers until June 2021 amounted to 42.8 ...

Source: Duma