W52: Weekly Poultry & Egg Update
Chicken
Malaysia: Production Costs Averaged USD 1.48/kg for Chicken in September (Dec 30)
Malaysian farms on average incurred production costs of USD 1.48/kg (RM6.53) for chicken and USD 0.05/egg (48 sen) in September, according to a study by the Department of Statistics Malaysia (DOSM). Without taking into consideration the profit margin at the farm level, the DOSM's study found that the average retail price for chicken was USD 2.06/kg (RM9.08) in September, with USD 0.30/kg (RM1.30) of margin at wholesale level and USD 0.28/kg (RM1.25) of margin at retail level.
Brazil: Exported Chicken Volume Renews Record in 2022, and Domestic Price Rises (Dec 29)
The volume of chicken meat exported by Brazil renewed the record in 2022. According to researchers from Cepea, with the war between Russia and Ukraine and the increase in the number of cases of avian flu in the Northern Hemisphere, the external demand for the Brazilian protein grew significantly. This scenario, added to the lower supply of animals during the year, raised domestic meat prices compared to those of 2021 (in nominal terms).
China: Meat Markets in the EU and China Will Change Over the Next Ten Years (Dec 31)
In addition to falling consumption, the EC expects a further shift towards eating white meat. Opting more often for poultry meat is at the expense of red meat. There are sufficient sales opportunities for European beef and veal on the world market, but this is becoming increasingly difficult for European pork. Therefore, according to the EC, poultry farming as the only livestock sector has opportunities to grow, also because global demand for poultry meat will increase. Despite the higher prices in the EU, there will be an import demand for white meat on the world market.
Morocco: Poultry Breeders Complain of Falling Prices and the Sector’s Incurring Significant Losses (Dec 25)
The National Association of Broiler Breeders in Morocco stated, in a statement, that “the decline in prices has caused great losses to breeders,” adding that “they were waiting for the government to intervene to reduce the cost of materials involved in the production process, and to ensure the quality of the latter, starting from first-day chicks to compound feed.” The association recorded that "the decrease in the price of chicken is mainly due to the decline in consumption due to the high cost of the product, and the weakness of industrial slaughterhouses in absorbing this surplus.”
Vietnam: Quang Ninh Seized More Than 75K Birds and Fingerlings Illegally Imported (Dec 27)
At dawn on December 27, in Dai Binh commune, Dam Ha district, the Special Task Force for Drug and Crime Prevention and Control, the Quang Ninh Border Guard coordinated with the Quang Duc Border Guard Station to patrol and detect BKS cars which were moving from Dong Bi material station, into the interior. One of the cars was carrying 450 plastic trays with 67.5K breeding chickens. The other car had 8K sturgeon fingerlings. Both drivers failed to present documents to prove the source of the goods and claimed to have rented transportation for wages.
Vietnam: Ho Chicken Specialties on Tet Holiday (Dec 28)
These days, people from all over the world flock to Lac Tho village to buy Ho chicken specialties to give to their loved ones as a traditional Tet gift which means "warm, affluent, caring enough." Mr. Nguyen Dang Chung, Director of Ho chicken cooperative, said that in order to raise a batch of commercial chickens, it takes 10-12 months for farmers to take care of chickens.The chickens are grazed in the family garden with the main food source of rice, corn, rice bran, green vegetables and absolutely no industrial-oriented feed. Only then will Ho chicken meat always retain its firm, sweet and delicious taste.
Tanzania: High Number of Poultry Farmers Lead to Sharp Price Fall (Dec 30)
Tanzania Meat Board (TMB) has said the increase in poultry farmers is the major reason for the increase in supply of birds in the market that resulted in the huge drop in prices. TMB Registrar, Dr Daniel Mushi said in Dar es Salaam on December 29 that the information gathered from stakeholders in the poultry industry has uncovered that poultry meat imports are not the reason for the price decline in the market. The registrar noted that experience shows most poultry farmers target huge demand in the year-end festive season, but this time round the season has not been in favour of the farmers due to a sharp drop in prices contributed by the increased supply of birds in the market.
The price of chicken meat increased during the Christmas and New Year period. According to the National Strategic Food Price Information Center (PIHPS), the price of chicken rose 0.53% to USD 2.42/kg (IDR 37,800). Even so, chicken farmers actually admit to experiencing losses because the farmer's production capital is above the selling price of the chicken in the cage. In fact, if you refer to the Regulation of the Minister of Trade (Permendag) the price of a normal chicken in a cage should be up to USD 1.35/head (IDR 21,000). Sugeng said that the drop in chicken prices at the farmer level was due to several reasons.
Indonesia: Availability of Food From Livestock at Christmas and New Year 2023 Is Safe (Dec 30)
Nasrullah, Director General of Livestock and Animal Health, conveyed that the availability of purebred chicken meat this year reached 3.71M MT with the need reaching 3.21M MT, so there was a surplus of around 0.5M MT. "The availability of purebred chicken eggs is not much different from chicken meat, where the availability of eggs this year is 5.61M MT with a demand of 5.52M MT, so there is a surplus of around 0.09M MT," said Nasrullah.
The markets are witnessing a state of great optimism, following the decisions to release the goods accumulated in the ports, and the saving of nearly USD 5B during the recent period, which directly contributed to calming the feed and poultry market. Sameh El-Sayed, head of the Poultry Division at the Chamber of Commerce, revealed that the prices of a ton of fodder decreased by about USD 52.43(1,300 pounds), to record levels of USD 959.86 (23,800 pounds), compared to levels close to USD 1008.26 (25,000 pounds), which provided the farmer’s needs and then a lull in the significant rise in poultry and egg prices.
Taiwan: Avian Influenza Continues to Heat Up (Dec 26)
Taiwan's avian influenza continues to heat up. The H5N1 subtype highly pathogenic avian influenza virus (hereinafter referred to as "H5N1") has reached 12 cases so far, and H5N1 has been detected in 4 native chicken farms, which means that the epidemic has spread from duck and goose farms to Lu Poultry Farm. The Council of Agriculture held a press conference on December 26, stating that the supply and demand of poultry meat is stable at this stage, but it will still closely monitor the epidemic hotspots such as Changhua and Yunlin, and advance the autumn and winter epidemic prevention measures to the end of the year, as soon as possible Prevent the spread of H5N1. At present, H5N1 has not spread to laying hen farms.
Egg
Data Analysis: Chicken Egg Prices in South Korea Experience Fastest Yoy Growth in 15 Months (Dec 26)
Wholesale prices of extra-large chicken eggs in South Korea, rose 6% MoM and 18% YoY to USD 4.59/30 pieces (KRW 5,841.5/30) in the week starting December 12, 2022. This was the fastest YoY growth pace since September 2021. Prices have risen on the back of fear over a potential worsening of avian flu cases.
Chicken egg prices in a wholesale market in Beijing, China, dropped 8% WoW and 11% MoM to USD 1.45/kg (CNY 9.98), their lowest levels since early August (18-week low). However, in annual terms, prices stood 12% higher, mainly as a result of coming from a higher base in previous months due to production declines driven by drought conditions.
Thailand: Sunny Outlook for Thai Farmers as Malaysia Runs Short on Eggs (Dec 27)
Thailand’s association of egg farmers has shifted its focus to the Malaysian market after learning that the neighbouring country is running low on eggs. A source from the association told the Thansettakij publication that Malaysia is having to import eggs mainly from India to meet the surge in demand. In a nationwide survey, the association has learned that the consumption of eggs in Thailand was high during the Christmas-New Year holidays.The cooperation also said it expects the price of eggs to remain high for at least one month, while the price of animal feed will remain high until mid-next year.
Colombia: Why Did Colombians Consume Less Eggs This Year? (Dec 26)
The National Federation of Poultry Farmers (Fenavi) presented its consumption and production report for the year 2022 and recorded that, although the poultry sector increased by 2.9% compared to last year, egg consumption decreased this year. The poultry union pointed out that this year they went through great challenges, where although it is true that there was a growth of 2.9% for the sector, it has only been possible to recover a part of the production rate, which was interrupted especially by two issues: the covid-19 pandemic and roadblocks. In 2021 investment in laying birds fell by 9.4%, which is why production in 2022 fell by 4.6%. Production went from 17.03B to 16.26B eggs, hence the consumption of eggs per person fell from 334 to 315 units per year, with a reduction of 19 units.
