eu m arket s ituation for e ggs and p oultry management committee 19 july 2012

EU Market Situation for Eggs and Poultry

Management Committee

19 July 2012

2EU market situation for Eggs and Poultry Man Com 19 July 2012

Evolution of the weekly EUaverage price for Broiler

150

160

170

180

190

1 4 7 10 13 16 19 22 25 28 31 34 37 4 43 46 49 52

€uro

/ 10

0kg

Avg 07 - 11 2009 2010 2011 2012


Percentual change of Broiler prices June 2012

-15.0%

-10.0%

-5.0%

0.0%

5.0%

10.0%

15.0%

BE BG CZ DK DE EE EL ES FR IE IT CY LV LT HU MT NL ÖS PL PT RO SI SK SF SV UK EU

- 1 year

- 1 month


Price of Basic Ingredients 2009 - 2012

50

100

150

200

250

300

350

400

Jan 09 April Juil Oct Jan 10 April Juil Oct Jan-11 April Juil Oct Jan-12 April Juil

Euro

/ to

nne Soft wheat (EU)

Barley (EU)

Maïs (EU)

Soja (CAF)

Hulls (EU)

Manioc (CAF)

C.G.F. (CAF)


Futures for Feed wheat EU (Euronext) (Nearby = 2011 & 2012)

120

150

180

210

| July | Aug | Sep | Oct | Nov | Dec | Jan2012

| Feb | Mrch | Apr | May | June | July | Aug | Sep | Oct | Nov | Dec |

€u

ro/

To

nn

01 Nearby

2012 Nov

2013 Jan

2013 Mar

Delivery:


Futures for Maize EU (Euronext) (Nearby = 2011 - 2012)

160

180

200

220

240

| July | Aug | Sep | Oct | Nov | Dec | Jan2012

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

€/T

on

n

01 Nearby

2012 Aug

2012 Nov

2013 Mar

Delivery:

Since Nov. 201130% increase


Futures for Soybeans in US$ct/ Bushel (nearby = 2011 & 2012)

1 100

1 200

1 300

1 400

1 500

1 600

| July | Aug. | Sept. | Oct. | Nov. | Dec. | Jan2012

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

01 Nearby

2012 Jul

2012 Aug

2012 Nov

2013 Mar

Delivery:

since Dec 2011 50% increase


Price development of Compound feed for Broilers, a Broiler Cereal-Feedmix and Broiler price

0

50

100

150

200

250

300

350

| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 |

Eu

ro

/ T

(fe

ed

)

Eu

ro

/ 1

00

kg

(B

ro

ile

r)

margin broiler/ comp feed (2.7)Cereal-mixCompound feedBroilerAvg. Margin 2007 - 2011

NB. Comp. Feed 2012 =Forecast as from March Cereal mix and Poultry 2012 = Forecast as from May


Placings of Broiler chicks (1 000 pieces)compared to the baseline trend

(baseline = monthly avg 2006 - 2009)

0

100 000

200 000

300 000

400 000

500 000

| 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 |


Forecast and Production of Broilers.In Tonn

0

150 000

300 000

450 000

600 000

750 000

| 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 |

0

150

300

450

600

750

Realis

ed

sla

ug

hte

r

in 1

000 T

Forecast Realised Poultry slaughter


Import of Poultry meat from selected origins

Compared

tonnes % tonnes % tonnes % tonnes % tonnes % to Jan-May 11

Brazil 679 469 76.3% 659 368 75.3% 581 391 72.4% 587 404 71.0% 231 698 69.6% - 4%

Thailand 146 882 16.5% 141 524 16.2% 149 682 18.6% 154 229 18.6% 67 337 20.2% - 1%

Chile 34 718 3.9% 39 022 4.5% 34 276 4.3% 44 306 5.4% 17 830 5.4% + 4%

China 15 0.0% 5 690 0.6% 9 997 1.2% 13 735 1.7% 5 598 1.7% - 4%

Argentina 20 416 2.3% 20 576 2.3% 15 760 2.0% 15 630 1.9% 5 617 1.7% + 4%

Israel 6 252 0.7% 5 470 0.6% 7 249 0.9% 7 084 0.9% 1 750 0.5% - 15%

Croatia 1 884 0.2% 2 295 0.3% 2 650 0.3% 2 714 0.3% 1 101 0.3% + 4%

USA 393 0.0% 386 0.0% 439 0.1% 99 0.0% 99 0.0% + 575%

Uruguay 109 0.0% 98 0.0% 2 0.0% 7 0.0% 1 0.0%

EXTRA EU 25/27 891 087 875 886 803 120 827 420 332 879

% change - 2% - 8% + 3% - 2.4%

2008 2009 2010 Jan-May 122011


Imports of selected Poultry products

0

10 000

20 000

30 000

40 000

50 000

60 000

70 000

80 000

90 000

100 000

|Jan06

2006 |Jan07

2007 |Jan08

2008 |Jan09

2009 |Jan10

2010 |Jan11

2011 |Jan12

in Tonnes cwe

FROZEN PREPARED SALTED OTHERS


EU Poultry meat ImportI MPORTS of Poul t r y Meat i nt o EU

( Tonnes cwe)

238 148 240 658 231 698

59 321 67 904 67 337

2 392

326 137340 944 332 879

0

50 000

100 000

150 000

200 000

250 000

300 000

350 000

400 000

J an- May 10 J an- May 11 J an- May 12

Tonn

es c

w

Br azi l Thai l and I sr ael Chi l e Chi na Ot her dest i nat i ons

I MPORTS of Poul t r y Meat i nt o EU ( 1000 EUR)

471 213 502 957 503 467

221 935286 098 300 731

768 405

880 117 905 491

0

100 000

200 000

300 000

400 000

500 000

600 000

700 000

800 000

900 000

1 000 000


1000EUR

Br azi l Thai l and I sr ael Chi l e Chi na Ot her dest i nat i ons


Export of Poultry Meat to Selected DestinationsCompared


Hong Kong 58 669 6.0% 88 357 8.7% 151 529 12.0% 188 366 13.4% 67 096 11.4% - 16%

Saudi Arabia 95 132 9.7% 97 485 9.6% 118 010 9.3% 151 247 10.7% 59 446 10.1% - 7%

Benin 83 405 8.5% 84 885 8.4% 115 022 9.1% 126 006 8.9% 50 468 8.6% + 4%

Russia 230 113 23.4% 227 555 22.4% 245 429 19.4% 115 025 8.2% 42 929 7.3% - 1%

Ukraine 112 443 11.4% 89 314 8.8% 86 028 6.8% 81 735 5.8% 37 536 6.4% + 33%

Ghana 31 530 3.2% 28 689 2.8% 41 094 3.3% 68 953 4.9% 27 802 4.7% + 15%

Yemen 26 673 2.7% 36 331 3.6% 39 628 3.1% 37 970 2.7% 17 446 3.0% + 9%

Congo (Dem. Rep.) 21 386 2.2% 20 893 2.1% 27 748 2.2% 29 960 2.1% 12 849 2.2% + 15%

Switzerland 28 201 2.9% 28 111 2.8% 29 804 2.4% 29 270 2.1% 11 863 2.0% - 3%

Vietnam 39 488 4.0% 39 971 3.9% 31 661 2.5% 29 086 2.1% 11 816 2.0% - 11%

Malaysia 17 888 1.8% 22 676 2.2% 25 895 2.0% 20 965 1.5% 11 610 2.0% + 48%

U.A.Emirates 25 858 2.6% 24 429 2.4% 20 231 1.6% 21 122 1.5% 9 740 1.7% - 25%

EXTRA EU 25/27 982 285 1 015 639 1 264 120 1 410 658 587 385

% change + 3% + 24% + 12% + 6.2%

2008 2009 2010 Jan-May 122011


Expor t s of sel ect ed Poul t r y pr oduct s

0

20 000

40 000

60 000

80 000

100 000

120 000

140 000

|J an06

2006 |J an07

2007 |J an08

2008 |J an09

2009 |J an10

2010 |J an11

2011 |J an12

i nTonnes

cwe

FROZEN PREPARED FRESH OTHERS


EU Poultry meat ExportEU EXPORTS of Poul t r y Meat

( Tonnes cwe)

50 830 80 205 67 096

55 203

59 44640 323

48 618 50 46866 748

43 415 42 929

232 690

294 275312 244

64 209

438 189

553 204587 385

0

100 000

200 000

300 000

400 000

500 000

600 000

700 000


Tonn

es c

w

Hong Kong Sout h Af r i ca Saudi Ar abi a

Beni n Russi a Ot her dest i nat i ons

EU EXPORTS of Poul t r y Meat ( 1000 EUR)

48 747 65 760 72 076

60 801

79 54543 726

57 05368 90752 06165 836

329 546

419 579

451 735

98 172

545 242

712 263

798 900

0

100 000

200 000

300 000

400 000

500 000

600 000

700 000

800 000

900 000


10

00

E

UR

Hong Kong Sout h Af r i ca Saudi Ar abi a

Beni n Russi a Ot her dest i nat i ons


EU Poultry meat Trade Balance

302277 292 310

371

676

794

480

614 616

858891 876

803827

333

1 017

1 101 1 1161 153

1 114

1 275

1 063 1 046997 997

867

9821 016

1 264

1 411

587

0

200

400

600

800

1 000

1 200

1 400

1 600

1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 J an-May12

in 1000 Tonnes cwe

I MPORTS EXPORTS


Cumulated quantity of weekly requests

for Export licenses in the Poultrymeat sectorfor Gatt year 2012 - 2013.

0

50.000

100.000

150.000

200.000

250.000

300.000

350.000

400.000

1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49 51w eek

ton

nes

Cumulated attributions

Average available


€uro Exchange rate 1 Euro = .....…US$ / BRZ Real/ 10 Rupee

1

3

5

7

I 2004 I 2005 I 2006 I 2007 I 2008 I 2009 I 2010 I 2011 I 2012 I

source:http://europa.eu.int/comm/budget/inforeuro/fr/index.htm

India RBRZ RealUSA $


Broiler prices The EU, USA and Brazilin €uro/ 100kg

50,00

75,00

100,00

125,00

150,00

175,00

08 | 09 | 10 | 11 | 12 |

EU broiler US broiler €uro BR Broil €uro/ (Ave w orld)

2001 2002 2003 2004

20052006 2007 2008

2009 2010 2011 2012

EU Market Situation for Eggs

Management Committee 21 June 2012


Evolution of the weekly EU average price for Eggs for Consumption

85

105

125

145

165

185

1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52

Price

Pack

ers

sta

tion

€uro

/ 10

0kg

Avg 07 - 11 2009 2010 2011 2012


Percentual change of Egg prices June 2012

-30.0%

-20.0%

-10.0%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

80.0%

90.0%

BE BG CZ DK DE EE EL ES FR IE IT CY LV LT HU MT NL ÖS PL PT RO SI SK SF SV UK EU

- 1 year- 1 month


Prices for Eggs for consumption and Eggs for breaking 2011 - 2012

0

40

80

120

160

200

1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52 3 6 9 12 15 18 21 24 27 30 33 36 39 42 45 48 51

€u

ro/ 100kg

EU Low difference Eggs for Consumption US High breaking

86,7% increase for Eggs for Breaking from week 1 2011 to week 28 201240% increase for Eggs for Consumption from week 1 2011 to week 27 2012


Margin between Feed cost and Egg price in Egg production

0

30

60

90

120

150

180

0 01 02 03 04 05 06 07 08 09 10 11 ja fe mr ap m jn jl au se oc no de

Euro

/ 10

0kg

marge

feed

egg

Avg Margin


Placings of Laying chicks (1 000 pieces)compared to the baseline trend

(baseline= monthly avg 2006 - 2009)

0

7 500

15 000

22 500

30 000

37 500

| 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 |


Production forecast ofeggs in shell (Mio p).

compared to the price development

4 000

5 500

7 000

8 500

| 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 |

0

40

80

120

160

Pric

e €

uro

/10

0k

g


Compared


USA 4 245 18.6% 11 165 36.7% 13 439 42.9% 5 417 28.4% 7 431 41.9% + 168%

Argentina 6 164 27.0% 7 899 26.0% 7 888 25.2% 7 898 41.5% 5 790 32.7% + 100%

Mexico 2 002 8.8% 1 893 6.2% 1 425 4.5% 556 2.9% 1 017 5.7% + 2129%

Albania 2 209 9.7% 1 659 5.5% 3 208 10.2% 1 303 6.8% 735 4.1% + 219%

India 6 593 28.9% 5 776 19.0% 3 211 10.2% 1 505 7.9% 560 3.2% - 5%

Israel 646 2.8% 711 2.3% 941 3.0% 547 2.9% 523 3.0% + 70%

Canada 1 0.0% 33 0.1% 2 0.0% 0 0.0% 344 1.9%

Brazil 64 0.3% 67 0.2% 0 0.0% 0 0.0% 20 0.1%

EXTRA EU 25/27 22 850 30 409 31 356 19 045 17 727

% change + 33% + 3% - 39% + 128.8%

2008 2009 2010 Jan-May 122011

EU Imports of Eggs:Trade Figures (Comext – tonnes egg equiv.)


EU Egg ImportsTotal EU Import of Eggs (Tonnes eggs

equiv) incl. Hatch. Eggs.

8 957

2 775

7 431

4 051

2 888

5 790

2 520

1 268

2 867

18 226

7 749

17 727

0

5 000

10 000

15 000

20 000

25 000

30 000


USA Ar gent i naI ndi a CanadaAl bani a Ot her dest i nat i ons

Total EU Import of Eggs (1000 EUR) incl. Hatch. Eggs.

8 4565 441

19 9053 205

2 338

4 506

1 678

3 176

15 771

9 853

34 072

0

5 000

10 000

15 000

20 000

25 000

30 000

35 000

40 000


USA Ar gent i naI ndi a CanadaAl bani a Ot her dest i nat i ons


EU- 27 I mpor t s of sel ect ed EGGS pr oduct s

0

1 000

2 000

3 000

4 000

5 000

6 000

7 000

8 000

|J an06

2006 |J an07

2007 |J an08

2008 |J an09

2009 |J an10

2010 |J an11

2011 |J an12

i n Tonnes egg equi v.

FRESH Al bumi n Not I n Shel l Yol k Hachi ng


Compared


Japan 62 254 33% 47 238 31% 52 923 29% 65 982 30% 25 285 27% - 7%

Sw itzerland 44 229 24% 43 499 29% 45 107 25% 42 152 19% 19 050 20% + 1%

Russia 7 113 4% 4 360 3% 5 293 3% 4 947 2% 11 903 13% + 549%

Angola 4 049 2% 4 019 3% 10 227 6% 17 498 8% 6 373 7% - 3%

Libya 0 0% 40 0% 201 0% 226 0% 3 534 4%

Thailand 6 190 3% 4 068 3% 6 180 3% 7 254 3% 2 401 3% - 9%

Ukraine 7 250 4% 4 304 3% 5 693 3% 4 422 2% 2 073 2% + 23%

Taiw an 4 624 2% 2 868 2% 7 145 4% 7 941 4% 1 852 2% - 34%

South Korea 1 859 1% 1 948 1% 2 495 1% 4 379 2% 1 159 1% - 23%

U.A.Emirates 9 436 5% 2 664 2% 5 864 3% 8 262 4% 1 051 1% - 76%

Norw ay 1 805 1% 963 1% 570 0% 1 300 1% 897 1% + 154%

Israel 6 002 3% 3 398 2% 1 308 1% 2 729 1% 361 0% - 72%

EXTRA EU 25/27 187 209 150 173 181 682 216 447 95 144

% change - 20% + 21% + 19% + 7.1%

2008 2009 2010 Jan-May 122011

EU Exports of Eggs:Trade Figures (Comext – tonnes egg equiv.)


Total EU Export of Eggs (T. eggs equiv.) Incl. Hatch. Eggs

19 15827 093 25 285

19 85918 773 19 050

16 141

34 510

29 057

11 903

58 462

88 82695 144

0

10 000

20 000

30 000

40 000

50 000

60 000

70 000

80 000

90 000

100 000

110 000

Jan-May 10 Jan-May 11 Jan-May 12

Japan Sw itzerland Russia Angola Iraq Other destinations

Total EU Export of Eggs (1000 EUR) incl. Hatch. Eggs

13 547 18 048 19 496

28 909 25 049 29 262

17 39232 585

65 674

39 63862 930

83 506

172 576

0

20 000

40 000

60 000

80 000

100 000

120 000

140 000

160 000

180 000

200 000

Jan-May 10 Jan-May 11 Jan-May 12

Japan Sw itzerland Russia Angola Iraq Other destinations

EU Egg Exports


EU- 27 Expor t s of sel ect ed EGGS pr oduct s ( i ncl udi ng Hat chi ng eggs)

0

5 000

10 000

15 000

20 000

25 000

30 000

|J an06

2006 |J an07

2007 |J an08

2008 |J an09

2009 |J an10

2010 |J an11

2011 |J an12

i n Tonnes egg equi v.

FRESH Al bumi n Not I n Shel l Yol k Hachi ng


1018

23 18 1727

16

30

69

25 3039

45

2330 31

19 18

144

164

186

209

231

201 205

191

142

198 198202

167

187

150

182

216

95

0

25

50

75

100

125

150

175

200

225

250

275

1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 J an-May12

i n 1000 TonnesI MPORTS EXPORTS

EU Egg Trade Balance


Egg prices The EU, USAand Brazilin €uro/ 100kg

50,00

75,00

100,00

125,00

150,00

175,00

08 | 09 | 10 | 11 | 12 |

EU egg US egg €uro BR Egg €uro (Ave World)

eu m arket s ituation for e ggs and p oultry management committee 19 july 2012

Documents

poultry man com

eu imports of eggs

eu exports of eggs

eu poultry meat import

eu poultry meat export

eu poultry meat trade

eu egg imports

import of poultry meat