Hungary: Prices of turkeys and chickens for slaughter also rose compared to last year

Published 2021년 8월 24일

Tridge summary

Hungary has experienced a significant increase in the live producer price of slaughter chicken and turkey in the first 30 weeks of 2021, with chicken price increasing by 6% and turkey by 2% compared to the previous year. The country has also seen a 30% rise in poultry meat exports, with chicken meat exports increasing by 15% and turkey meat by 45% in the first five months of 2021 compared to the same period in the previous year. However, the European Commission reported a decrease in EU poultry meat exports, while imports fell by 12%. Hungary's poultry meat imports decreased by 18% in the first five months of 2021. The price of whole chicken in Hungary also increased by 4% compared to the same period last year.

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

Original content

According to the data of AKI PÁIR, the live producer price of slaughter chicken in Hungary increased by 6 percent to HUF 271 / kilogram, and the live producer price of slaughter turkey increased by 2 percent to HUF 398 / kilogram in the first 30 weeks of 2021 compared to the average price of the same period of the previous year. According to the data of the CSO, the export of poultry meat in Hungary increased by 30 percent to almost 109 thousand tons in the first five months of 2021 compared to the same period of the previous year. Within this, exports of chicken meat increased by 15 percent to 60.3 thousand tons, and exports of turkey meat by 45 percent to 16.3 thousand tons. According to a U.S. Department of Agriculture (USDA) forecast released in July, U.S. chicken production could rise nearly 1 percent while turkey meat production could decline 2 percent in the third quarter of 2021 compared to the same period in 2020. On an annual basis, a slight increase in chicken meat ...

Source: Magro