eu m arket s ituation for e ggs and p oultry management committee 21 march 2013

EU Market Situation for Eggs and Poultry

Management Committee

21 March 2013

EU market situation for Eggs and Poultry Man Com 21 March 2013

150

160

170

180

190

200

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

€uro

/ 100kg

Evolution of the weekly EUaverage price for Broiler

Avg 08 - 12 2010 2011 2012 2013


-8,0%

-4,0%

0,0%

4,0%

8,0%

12,0%

16,0%

20,0%

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

Percentual change of Broiler prices February2013

- 1 year

- 1 month


50

150

250

350

450

Juil Oct Jan April Juil Oct Jan April Juil Oct Jan Apr

Euro

/ to

nne

Price of Basic Ingredients 2010 - 2013

Soft wheat (EU)

Barley (EU)

Maïs (EU)

Soja (CAF)

Hulls (EU)

Manioc (CAF)

C.G.F. (CAF)


120

150

180

210

|Jan 2012| Feb | Mrch | Apr | May | June | July | Aug | Sep | Oct | Nov | Dec |Jan 2013| Feb | Mrch | Apr | May | June |

€uro

/ To

nn

Futures for Feed wheat EU (Euronext) (Nearby = 2012 & 2013)

01 Nearby

2013 Jan

2013 Mar

2013 Nov

Delivery:


160

180

200

220

240

260

|Jan 2012| Feb | Mrt | Apr | May | Jun | July | Aug | Sep | Oct | Nov | Dec |Jan 2013| Feb | Mrt | Apr | May | Jun |

€/T

on

n

Futures for Maize EU (Euronext) (Nearby = 2012 - 2013)

Nearby

2013 Mar

2013 Nov

2014 Jan

Delivery:


1.100

1.200

1.300

1.400

1.500

1.600

1.700

|Jan 2012| Feb | Mch | Apr | May | Jun | July | Aug. | Sept. | Oct. | Nov. | Dec. |Jan 2013| Feb | Mch | Apr | May | Jun |

Futures for Soybeans in US$ct/ Bushel (nearby = 2012 & 2013)

01 Nearby

2013 Mar

2013 Jul

2013 Nov

Delivery:


0

50

100

150

200

250

300

350

400

| 2009 | 2010 | 2011 | 2012 | 2013 |

Eu

ro

/ T

(f

ee

d)

Eu

ro

/ 1

00

kg

(B

ro

ile

r)

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

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

NB. Comp. Feed 2012 =Forecast as from November Cereal mix and Poultry 2012 = Forecast as from December


0

100 000

200 000

300 000

400 000

500 000

| 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 |

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

(baseline = monthly avg 2006 - 2009)


0

150

300

450

600

750

900

0

150 000

300 000

450 000

600 000

750 000

| 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 |

Re

alis

ed

sla

ug

hte

r in

1000 T

Forecast and Production of Broilers.In Tonn

Forecast Realised Poultry slaughter


PL HU LT LV SF NL EL IT MT SI UK BG DE ES SE EE EI RO SK PT FR AT KY CZ BE DK EU

% Change 21,5 9,2% 8,6% 7,4% 6,2% 5,7% 4,0% 3,1% 2,3% 2,0% 1,6% 1,4% 1,2% 1,0% 0,4% 0,0% 0,0% 0,0% 0,0% -0,5 -1,5 -2,5 -6,5 -10, -17, -18, 2,3%

-20,0%

-15,0%

-10,0%

-5,0%

0,0%

5,0%

10,0%

15,0%

20,0%

25,0%

Change in official Broiler slaughter by MS.2012/2011


0

3.000

6.000

9.000

12.000

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

1000

T

EU Poultry production on basis of available slaughter data and calculated estimations

March 2013 forecast poultry production by experts 2012: +0,2%, 2013: +0,7%

other

ducks

turkeys

chickens

2013Broiler +0,7% 9,6 MioTTurkey -0,6% 1,9 MioTDuck+0,7% 0,5 MioTTotal Poultry+0,7% 12,5 MioT


Import of Poultry meat from selected origins

Compared

tonnes % tonnes % tonnes % tonnes % tonnes % to Jan-Jan 12

Brazil 659 368 75.3% 586 593 72.7% 604 599 71.6% 561 322 66.5% 37 372 57.2% - 12%

Thailand 141 524 16.2% 148 244 18.4% 154 304 18.3% 196 423 23.3% 20 096 30.8% + 47%

Chile 39 022 4.5% 34 403 4.3% 44 433 5.3% 42 105 5.0% 3 704 5.7% - 16%

China 5 690 0.6% 9 836 1.2% 13 808 1.6% 15 669 1.9% 1 923 2.9% + 44%

Argentina 20 576 2.3% 15 795 2.0% 15 646 1.9% 13 763 1.6% 666 1.0% - 40%

Israel 5 470 0.6% 7 216 0.9% 7 144 0.8% 6 076 0.7% 1 004 1.5% + 71%

Croatia 2 295 0.3% 2 647 0.3% 2 714 0.3% 2 737 0.3% 197 0.3% - 12%

USA 386 0.0% 446 0.1% 99 0.0% 354 0.0% 0 0.0% - 99%

Uruguay 98 0.0% 2 0.0% 7 0.0% 36 0.0% #N/A #N/A #N/A

EXTRA EU 25/27 875 886 806 861 844 965 843 870 65 303

% change - 8% + 5% - 0% + 1.8%

2009 2010 2011 Jan-Jan 132012


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

2012 |Jan13

in Tonnes cwe

Imports of selected Poultry products

FROZEN PREPARED SALTED OTHERS


EU Poultry meat Import

43 679 42 31637 372

15 07913 676 20 096

388

65 473 64 127 65 303

0

10 000

20 000

30 000

40 000

50 000

60 000

70 000

Jan-Jan 11 Jan-Jan 12 Jan-Jan 13

Tonnes cw

IMPORTS of Poultry Meat into EU (Tonnes cwe)

Brazil Thailand Israel Chile China Other destinations

88 960 89 58174 475

64 320 60 70766 213

172 818 173 777165 304

0

20 000

40 000

60 000

80 000

100 000

120 000

140 000

160 000

180 000

200 000


1000EUR

IMPORTS of Poultry Meat into EU (1000 EUR)

Brazil Thailand Israel Chile China Other destinations


Export of Poultry Meat to Selected Destinations

Compared


Saudi Arabia 97 485 9.6% 118 019 9.3% 151 520 10.7% 149 321 10.4% 13 659 13.6% + 9%

Hong Kong 88 357 8.7% 151 558 12.0% 188 381 13.3% 125 177 8.7% 10 100 10.1% - 33%

Benin 84 912 8.4% 115 066 9.1% 126 212 8.9% 139 559 9.8% 6 923 6.9% - 40%

South Africa 7 938 0.8% 22 006 1.7% 94 076 6.7% 131 970 9.2% 8 133 8.1% - 35%

Russia 227 555 22.4% 245 478 19.4% 115 138 8.2% 114 085 8.0% 6 017 6.0% + 2%

Ukraine 89 314 8.8% 85 965 6.8% 81 687 5.8% 103 536 7.2% 6 511 6.5% - 15%

Ghana 28 694 2.8% 41 066 3.2% 68 979 4.9% 69 025 4.8% 4 610 4.6% - 17%

Yemen 36 331 3.6% 39 632 3.1% 38 021 2.7% 34 463 2.4% 1 476 1.5% - 50%

Congo (Dem. Rep.) 20 903 2.1% 27 749 2.2% 29 972 2.1% 34 226 2.4% 361 0.4% - 70%

Switzerland 28 111 2.8% 29 700 2.3% 29 336 2.1% 29 205 2.0% 2 694 2.7% + 13%

Malaysia 22 676 2.2% 25 900 2.0% 20 965 1.5% 24 363 1.7% 2 114 2.1% + 0%

Vietnam 39 971 3.9% 31 696 2.5% 29 162 2.1% 19 087 1.3% 1 243 1.2% - 34%

Extra-EU27 1 015 784 1 264 610 1 412 110 1 430 658 100 258

% change + 24% + 12% + 1% - 14.3%

2009 2010 2011 Jan-Jan 132012


0

20 000

40 000

60 000

80 000

100 000

120 000

140 000

160 000

|Jan06

2006 |Jan07

2007 |Jan08

2008 |Jan09

2009 |Jan10

2010 |Jan11

2011 |Jan12

2012 |Jan13

inTonnescwe

Exports of selected Poultry products

FROZEN PREPARED FRESH OTHERS


EU Poultry meat Export

16 148 15 056 10 1008 133

12 56213 659

8 121

11 6076 9235 237

7 643

6 511

50 383

57 656

54 934

92 553

116 975

100 258

0

20 000

40 000

60 000

80 000

100 000

120 000

140 000


Tonn

es c

w

EU EXPORTS of Poultry Meat (Tonnes cwe)

Hong Kong South Africa Saudi Arabia Benin Ukraine Other destinations *

* countries trading less than 7 000 Tons

13 260 17 123 11 2289 480

16 79024 2839 434

15 379 10 109

7 3208 299

76 512

87 438 93 570

123 778

157 412 156 970

0

20 000

40 000

60 000

80 000

100 000

120 000

140 000

160 000

180 000


1000

EU

R

EU EXPORTS of Poultry Meat (1000 EUR)

Hong Kong South Africa Saudi Arabia Benin Ukraine Other destinations *

* countries trading less than 13 000 ('000 EUR)


50.00

75.00

100.00

125.00

150.00

175.00

200.00

09 | 10 | 11 | 12 | 13 |

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

EU broiler US broiler €uro BR Broil €uro/ (Ave world)


EU Poultry meat Trade Balance

302277 292 310

371

676

794

480

614 616

858891

807845 844 844

65

1 017

1 101 1 1161 153

1 114

1 275

1 063 1 046997 997

867

982

1 265

1 412 1 431 1 431

100

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 2012 Jan-Jan 13

in 100

0 To

nnes cwe

IMPORTS EXPORTS

2012

2002 2003 2004 2005

2006 2007 2008 2009

2010 2011 2013

EU Market Situation for Eggs

Management Committee 21 March 2013


85

105

125

145

165

185

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

€uro

/ 100kg

Evolution of the weekly EU average price for Eggs for Consumption

Avg 08 - 12 2010avg 2011 2012 2013


-20,0%

-10,0%

0,0%

10,0%

20,0%

30,0%

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

Percentual change of Egg prices February 2013

- 1 year

- 1 month


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 2 5 8 11 14 17 20 23 26 29 32 35 38 41 44 47 50

€uro

/ 100kg

Prices for Eggs for consumption and Eggs for breaking 2011 - 2013

Enr. Cage low Enr. Cage high Cage Free Eggs for Consumption US High breaking

41,7 % increase for Eggs for Breaking from week 1 2011 to week 9 of 201335,6% increase for Eggs for Consumption from week 1 2011 to week 9of 2013Yellow difference is barn high minus enriched cage low,


0

30

60

90

120

150

180

04 05 06 07 08 09 10 11 12 ja fe mr ap ma jn jl au se oc no de

Euro

/ 100kg

Margin between Feed cost and Egg price in Egg production

marge

feed

egg

Avg Margin


0

7 500

15 000

22 500

30 000

37 500

| 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 |

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

(baseline= monthly avg 2006 - 2009)


0

40

80

120

160

4 000

5 500

7 000

8 500

| 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 |

Pric

e €u

ro/1

00

kg

Production forecast ofeggs in shell (Mio p).

compared to the price development


0

200

400

600

800

BE BG CZ DK DE EE EL ES FR IE IT CY LV LT HU MT NL AT PL PT RO SI SK FI SE UK

in 1

00

0 T

Production of Hatching Eggs andEggs for Consumption by MS.

2010 - 2013

Hatching eggs Eggs for Consumption

2013Egg for consumption+2,8% 6,4 MioTHatching eggs-6,7% 0,9 Mio TEgg Total +1,5% 7,4 MioT


0

200

400

600

800

1.000

BE BG CZ DK DE EE EL ES FR IE IT CY LV LT HU MT NL AT PL PT RO SI SK FI SE UK

10

00

T

Experts EU production forecast of Eggs for consumption2012: 6.273 MioT (- 2,5%) & 2013: 6.445 MioT (+2,8%)

2010 2011 2012 2013

BG +8,6%

UK +1,3%

HU +3,8%

CZ +13%

ES +9,7%

NL +1,5%

FR +7,9%


Compared


USA 11 165 36.7% 14 009 42.6% 5 956 29.5% 14 246 40.2% 563 22.7% + 285%

Argentina 7 899 26.0% 7 889 24.0% 8 088 40.0% 9 963 28.1% 1 089 43.9% - 31%

Mexico 1 893 6.2% 1 263 3.8% 556 2.7% 1 018 2.9% 0 0.0% - 67%

Albania 1 659 5.5% 3 208 9.7% 1 303 6.4% 2 118 6.0% 61 2.5% - 57%

India 5 776 19.0% 3 211 9.8% 1 554 7.7% 3 657 10.3% 462 18.6% + 440%

Israel 711 2.3% 941 2.9% 547 2.7% 1 393 3.9% 50 2.0% - 62%

Canada 33 0.1% 2 0.0% 0 0.0% 67 0.2% #N/A

Brazil 67 0.2% 0 0.0% 0 0.0% 0 0.0% #N/A

EXTRA EU 25/27 30 409 32 909 20 219 35 395 2 478

% change + 8% - 39% + 75% + 10.9%

2009 2010 2011 Jan-Jan 132012

EU Imports of Eggs:Trade Figures (Comext – tonnes egg equiv.) not incl. Hatching eggs


EU Egg Imports

618

146563

3911 575

1 089

191

156253

1 462

2 2352 478

0

500

1 000

1 500

2 000

2 500

3 000


Total EU Import of Eggs -not incl. Hatching eggs

(Tonnes eggs equiv)

USA ArgentinaIndia IsraelAlbania Other destinations

1 041740

1 007

3691 185

1 098

459

271

2 078

2 447

3 028

0

500

1 000

1 500

2 000

2 500

3 000

3 500


Total EU Import of Eggs -not incl. Hatching eggs

(1000 EUR)

USA ArgentinaIndia IsraelAlbania Other destinations


0

1 000

2 000

3 000

4 000

5 000

6 000

7 000

8 000

|Jan06

2006 |Jan07

2007 |Jan08

2008 |Jan09

2009 |Jan10

2010 |Jan11

2011 |Jan12

2012 |Jan13

in Tonnes egg equiv.

EU-27 Imports of selected EGGS products(including Hatching eggs)

FRESH Albumin Not In Shell Yolk Haching


Compared


Japan 47 238 31% 52 923 29% 66 357 31% 66 424 36% 3 659 23% - 29%

Switzerland 43 499 29% 45 072 25% 42 168 19% 41 881 23% 4 249 27% + 16%

Russia 4 360 3% 5 293 3% 4 947 2% 5 982 3% 1 080 7% + 166%

Angola 4 019 3% 10 414 6% 17 524 8% 17 176 9% 2 228 14% + 89%

Libya 40 0% 201 0% 226 0% 363 0% 19 0% - 27%

Thailand 4 068 3% 6 180 3% 7 254 3% 6 409 3% 612 4% + 2%

Ukraine 4 304 3% 5 621 3% 4 422 2% 4 298 2% 408 3% + 100%

Taiwan 2 868 2% 7 145 4% 7 941 4% 4 626 2% 0 0% - 100%

South Korea 1 948 1% 2 495 1% 4 379 2% 3 386 2% 271 2% - 47%

U.A.Emirates 2 664 2% 5 888 3% 8 262 4% 1 674 1% 204 1% + 2%

Norway 963 1% 570 0% 1 300 1% 923 0% 35 0% - 78%

Israel 3 398 2% 1 308 1% 2 654 1% 1 060 1% 0 0% - 100%

EXTRA EU 25/27 150 173 181 933 217 397 185 050 15 966

% change + 21% + 19% - 15% - 0.7%

2009 2010 2011 Jan-Jan 132012

EU Exports of Eggs:Trade Figures (Comext – tonnes egg equiv.) not incl. Hatching eggs


3 7565 158

3 659

3 9113 660

4 249

7 128 5 077 4 138

17 18816 078 15 966

0

2 000

4 000

6 000

8 000

10 000

12 000

14 000

16 000

18 000

20 000


Total EU Export of Eggs not incl. hatching eggs (T. eggs equiv.)

Japan Switzerland Russia

Angola Thailand Other destinations

2 479 3 677 3 838

4 9215 058

7 163

1 2176 717

5 725

5 84016 423 16 734

21 774

0

5 000

10 000

15 000

20 000

25 000


Total EU Export of Eggs not incl. hatching eggs (1000 EUR)

Japan Switzerland Russia

Angola Thailand Other destinations

EU Egg Exports


0

5 000

10 000

15 000

20 000

25 000

30 000

|Jan06

2006 |Jan07

2007 |Jan08

2008 |Jan09

2009 |Jan10

2010 |Jan11

2011 |Jan12

2012 |Jan13

in Tonnes egg equiv.

EU-27 Exports of selected EGGS products (including Hatching eggs)

FRESH Albumin Not In Shell Yolk Haching


1018

2318 17

27

16

30

69

2530

3945

2330 33

20

35

2

144

164

186

209

231

201 205

191

142

198 198202

167

187

150

182

217

185

16

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 2012 Jan-Jan13

in 1000 TonnesIMPORTS EXPORTS

EU Egg Trade Balance (not including Hatching eggs)


50.00

75.00

100.00

125.00

150.00

175.00

200.00

09 | 10 | 11 | 12 | 13 |

Egg prices the EU, USA and Brazilin €uro/ 100kg

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

eu m arket s ituation for e ggs and p oultry management committee 21 march 2013

Documents

poultry man com

eu imports of eggs

eu exports of eggs

import of poultry meat

export of poultry meat

eu egg trade balance

poultrymanagement committee

eggsmanagement committee