EU Market Situation

for
Poultry
Committee for the
Common
Organisation of the
Agricultural Markets
16 April 2014

uro Exchange rate

1 E uro = .....US$ / BRZ Real/
3,5
BRZ Real

3,0
USA $

2,5
2,0
1,5
1,0
I

2008

2009

2010

2011

2012

2013

2014

source:[Link]

EU market situation for Poultry

16 April 2014

Futures for Soybeans in US$ct/ Bushel

(nearby = 2013 & 2014)
1 700

Delivery:
01 Nearby
2014 May
2014 Jul
2014 Sep

1 600

1 500

1 400

1 300

1 200

1 100
|Jan 2013| Feb | Mch | Apr | May |

Jun

| July | Aug. | Sept. | Oct. | Nov. | Dec. |Jan 2014| Feb | Mch | Apr | May |

EU market situation for Poultry

Jun

16 April 2014

Futures for Maize EU (Euronext)

(Nearby = 2013 - 2014)

260
Delivery:

Nearby

240

2014 Mar
2014 Jun

220

/Tonn

2014 Aug

200

180

160
| 2013 | Feb | Mrt | Apr | May | Jun | July | Aug | Sep | Oct | Nov | Dec | 2014 | Feb | Mrt | Apr | May | Jun |

EU market situation for Poultry

16 April 2014

Futures for Feed wheat EU (Euronext)

(Nearby = 2013 & 2014)
Delivery:

225

01 Nearby
2014 Mar
2014 Jul

uro/ Tonn

2014 Nov

195

165

135

J|an 2013| Feb | Mrch | Apr | May | June | July | Aug | Sep | Oct | Nov | Dec J|an 2014| Feb | Mrch | Apr | May | June |

EU market situation for Poultry

16 April 2014

Price of Basic Ingredients 2011 - 2014

Soft wheat (EU)

Barley (EU)
Mas (EU)

450

Soja (CAF)
Hulls (EU)

Euro / tonne

Manioc (CAF)
C.G.F. (CAF)

350

250

150

50

Juil

Oct

Jan

April

Juil

EU market situation for Poultry

Oct

Jan

Apr

Jul

Oct

Jan

Apr

16 April 2014

Jul

Price development of Compound feed for Broilers,

a Broiler Cereal-Feedmix and Broiler price
400

350

Euro/ T (feed)
Euro/ 100kg (Broiler)

300

250

200

margin broiler/ comp feed (2.7)

Cereal-mix
Compound feed
Broiler
Avg. Margin 2008 - 2012

150

100

50

2010

2011

2012

2013

2014

NB. Comp. Feed 2014 =Forecast as from January.

Cereal mix and Poultry = Forecast as from March 2014.

EU market situation for Poultry

16 April 2014

100KG Broiler minus feedcost for Broilers

feedconversionrate = 2.7

Remainder uro/ 100kg

110

100

90

80

70
1

9 11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49 51 53

Marge Average
08 - 12
Marge Broiler 2013

EU market situation for Poultry

Marge Broiler 2011

Marge Broiler 2012

Marge Broiler 2014

16 April 2014

Evolution of the weekly EU average price for Broiler

uro/ 100kg

200

190

180

170
1

10

13

16

Moy.09-13

EU market situation for Poultry

19

22

2011

25

28

31

2012

34

37

40

2013

43

46

49

52

2014

16 April 2014

Broiler prices in EU, USA and Brazil

in uro/ 100kg

200.00

175.00

150.00

125.00

100.00

75.00

50.00
|

10

EU broiler

EU market situation for Poultry

11

12

US broiler uro

13

14

BR Broil uro/ (Ave world)

16 April 2014

Placings of Broiler chicks (1 000 pieces)

compared to the baseline trend
(base line = monthly av g 2007 - 2010)

500.000

400.000

300.000

200.000

100.000

2012
2013
2014

Jan.
513 218
514 108
453 628

2009

2010

2011

2012

Feb.
March
April
May
June
July
473 254 528 457 525 903 537 331 504 405 528 961
477 471 531 949 549 269 531 560 524 443 535 845
481 518

EU market situation for Poultry

2013

2014

Aug.
Sept.
Oct.
Nov.
Dec.
515 877 480 147 532 715 447 621 494 658
536 404 515 640 529 144 408 070 467 057

16 April 2014

Forecast and Production of Broilers.

In Tonn
900
750.000
750

600
450.000

450
300.000

Realised slaughter
in 1000 T

600.000

300

150.000

150

0
|

2009

2010

2011

Forecast

2012
2013
2014

2012

2013

2014

slaughter

Jan.
Feb.
March
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
611 595 665 580 684 958 622 564 691 000 700 406 705 827 671 999 697 422 674 443 637 689 700 456
580 752 647 717 687 235 629 797 696 449 727 307 705 734 683 893 718 924 696 587 679 792 706 799
538 327 635 573 624 930 663 781

EU market situation for Poultry

16 April 2014

Imports of Poultry meat from selected origins

2010
tonnes

2011
%

tonnes

2012
%

tonnes

2013
%

tonnes

Jan-Feb 14
%

Compared

% to Jan-Feb 13

tonnes

Brazil

599.759 73,1% 615.837 71,9% 583.450 67,3% 513.537 63,2%

88.846 65,1%

+ 1%

Thailand

149.876 18,3% 155.790 18,2% 197.964 22,8% 228.243 28,1%

37.154 27,2%

- 9%

Chile

34.403 4,2%

44.434 5,2%

42.192 4,9%

30.516 3,8%

3.746 2,7%

- 35%

China

9.863 1,2%

13.875 1,6%

15.697 1,8%

18.184 2,2%

3.447 2,5%

- 38%

15.795 1,9%

15.700 1,8%

13.766 1,6%

10.783 1,3%

1.585 1,2%

+ 23%

673 0,1%

1.253 0,1%

3.817 0,4%

3.814 0,5%

735 0,5%

+ 47%

7.219 0,9%

7.144 0,8%

6.076 0,7%

6.306 0,8%

438 0,3%

- 69%

Norw ay

595 0,1%

700 0,1%

674 0,1%

737 0,1%

319 0,2%

+ 39%

Others

2.817 0,3%

2.368 0,3%

3.573 0,4%

924 0,1%

291 0,2%

#N/A

Argentina
Sw itzerland
Israel

EXTRA EU 28
% change

820.999

857.100

867.209

813.044

136.562

+ 4%

+ 1%

- 6%

- 5,0%

EU market situation for Poultry

16 April 2014

EU Poultry meat Imports

IMPORTS of Poultry Meat into EU (1000 EUR)

160 000

26 447

136 562

40 691

37 154

88 846

353 101

120 000

300 000

100 000

40 000

117 249

138 107

129 106

150 000
213 558

182 431

176 285

Brazil

Thailand

Israel

Jan-Feb 14
Chile

China

EU market situation for Poultry

0
Jan-Feb 12

Other origins

100 000
50 000

0
Jan-Feb 13

250 000
200 000

20 000
Jan-Feb 12

400 000
350 000

60 000
88 309

357 384

140 000

80 000
100 646

373 904

Tonnes cw

143 824

141 233

Brazil

Thailand

Jan-Feb 13
Israel

Jan-Feb 14
Chile

China

Other origins

16 April 2014

1000
EUR

IMPORTS of Poultry Meat into EU (Tonnes cwe)

Imports of selected Poultry products

120 000

100 000

60 000

40 000

20 000

|
2006
|
2007
|
2008
|
2009
|
2010
|
2011
|
2012
|
2013
|
Jan
Jan
Jan
Jan
Jan
Jan
Jan
Jan
Jan
06
07
08
09
10
11
12
13
14
FROZEN

PREPARED

EU market situation for Poultry

SALTED

OTHERS

16 April 2014

in Tonnes cwe

80 000

Exports of Poultry Meat to Selected Destinations

2010
tonnes
Benin
South Africa

2011
%

tonnes

2012
%

tonnes

2013
%

tonnes

Jan-Feb 14
%

tonnes

Compared
%

to Jan-Feb 13

115.066

9,1%

126.215

8,9%

139.820

9,8%

139.415

9,8%

27.257 12,8%

+ 34%

22.007

1,7%

94.084

6,7%

131.832

9,2%

158.481 11,1%

23.191 10,9%

+ 22%

8,8%

117.107

21.818 10,2%

+ 7%

20.452

9,6%

- 27%

Hong Kong

151.729 12,0%

189.154 13,4%

126.074

Saudi Arabia

118.019

151.520 10,7%

149.310 10,4%

Russia

245.478 19,4%

115.138

8,1%

113.133

7,9%

95.183

6,7%

13.579

6,4%

- 6%

9,3%

8,2%

154.775 10,9%

Ghana

41.066

3,2%

68.979

4,9%

69.157

4,8%

75.125

5,3%

7.547

3,5%

- 26%

Ukraine

86.009

6,8%

81.690

5,8%

103.429

7,2%

76.015

5,3%

5.858

2,7%

- 55%

Congo (Dem. Rep.)

27.749

2,2%

29.973

2,1%

34.232

2,4%

28.600

2,0%

5.613

2,6%

+ 10%

[Link]

14.323

1,1%

24.792

1,8%

32.748

2,3%

36.531

2,6%

5.219

2,4%

+ 1%

Philippines

15.087

1,2%

30.341

2,1%

30.765

2,2%

35.674

2,5%

5.195

2,4%

+ 47%

Malaysia

25.900

2,0%

20.965

1,5%

24.387

1,7%

28.701

2,0%

4.975

2,3%

+ 10%

Other Destinations
Extra-EU 28
% change

402.423 31,8%
1.264.856

480.807 34,0%

475.671 33,3%

480.864 33,7%

72.475 34,0%

1.413.657

1.430.558

1.426.472

213.178

+ 12%

+ 1%

- 0%

- 2,5%

EU market situation for Poultry

16 April 2014

EU Poultry meat Export

EU EXPORTS of Poultry Meat (Tonnes cwe)

EU EXPORTS of Poultry Meat (1000 EUR)

300 000
218 556

300 000

250 000

213 178

200 000
116 578

15 694

106 882

14 415

21 714

13 579

100 000
50 000

30 072

20 359

27 257
20 452
23 191
21 818

Jan-Feb 12

Jan-Feb 13

Jan-Feb 14

Hong Kong

20 401
27 846

South Africa

Saudi Arabia

Benin

150 000

Russia

0
Other destinations *

* countries trading less than 8 000 Tons

EU market situation for Poultry

250 000

192 749

173 210
Tonnes cw

124 151

350 000
301 413

175 370

200 000
150 000

28 729

29 201
29 791

49 352

34 466
29 359

33 578

22 658

24 161

Jan-Feb 12

Jan-Feb 13

Jan-Feb 14

Hong Kong

South Africa

Saudi Arabia

Benin

Russia

1000 EUR

238 170

333 241

316 282

100 000
50 000
0
Other destinations *

* countries trading less than 24 000 ('000 EUR)

16 April 2014

Exports of selected Poultry products

160 000
140 000

120 000

80 000

60 000

in
Tonnes
cwe

100 000

40 000
20 000

0
|
2006
Jan
06

|
Jan
07

2007

|
Jan
08

FROZEN

2008

|
Jan
09

2009

|
Jan
10

PREPARED

EU market situation for Poultry

2010

|
Jan
11

2011

FRESH

|
Jan
12

2012

|
2013
Jan
13

|
Jan
14

OTHERS

16 April 2014

EU Poultry meat Trade Balance

1 600
IMPORTS

EXPORTS

1 414

1 431

1 426

1 400
1 275

1 116

1 153

1 200

1 114
1 063

1 046

1 017

997

997

982
858 867

891

1 016

1 000
876
821

794

857

867
813

800

676
614

616

600
480
371
302

277

292

400

310
213
137

200

0
1997

1998

1999

2000

2001

2002

2003

2004

EU market situation for Poultry

2005

2006

2007

2008

2009

2010

2011

2012

2013

JanFeb
14

16 April 2014

in 1000 Tonnes cwe

1 101

1 265