EU Market Situation for Eggs and Poultry Management Committee 17 January 2012.

EU Market Situation for Eggs and Poultry

Management Committee

17 January 2012

EU market situation for Eggs and Poultry Man Com 17 January 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


-6,0%

-1,0%

4,0%

9,0%

14,0%

19,0%

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 December 2012

- 1 year

- 1 month


50

150

250

350

450

Juil Oct Jan-11 April Juil Oct Jan-12 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)

01 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 |

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

(baseline = monthly avg 2006 - 2009)


0

150

300

450

600

750

0

150.000

300.000

450.000

600.000

750.000

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

Re

alis

ed

sla

ug

hte

r in

1000 T

Forecast and Production of Broilers.In Tonn

Forecast Realised Poultry slaughter


Import of Poultry meat from selected origins

Compared

tonnes % tonnes % tonnes % tonnes % tonnes % to Jan-Nov 11

Brazil 679.469 76,3% 659.368 75,3% 581.391 72,4% 587.404 71,0% 522.652 66,8% - 6%

Thailand 146.882 16,5% 141.524 16,2% 149.682 18,6% 154.229 18,6% 179.679 23,0% + 25%

Chile 34.718 3,9% 39.022 4,5% 34.276 4,3% 44.306 5,4% 39.818 5,1% - 1%

China 15 0,0% 5.690 0,6% 9.997 1,2% 13.735 1,7% 14.343 1,8% + 12%

Argentina 20.416 2,3% 20.576 2,3% 15.760 2,0% 15.630 1,9% 12.715 1,6% - 11%

Israel 6.252 0,7% 5.470 0,6% 7.249 0,9% 7.084 0,9% 4.982 0,6% - 23%

Croatia 1.884 0,2% 2.295 0,3% 2.650 0,3% 2.714 0,3% 2.561 0,3% + 4%

USA 393 0,0% 386 0,0% 439 0,1% 99 0,0% 354 0,0% + 261%

Uruguay 109 0,0% 98 0,0% 2 0,0% 7 0,0% 36 0,0% + 442%

EXTRA EU 25/27 891.087 875.886 803.120 827.420 782.179

% change - 2% - 8% + 3% + 0,4%

2008 2009 2010 Jan-Nov 122011


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

Imports of selected Poultry products

FROZEN PREPARED SALTED OTHERS


EU Poultry meat Import

534.186 557.344 522.652

137.959 143.444 179.6796.723

738.389778.934 782.179

0

100.000

200.000

300.000

400.000

500.000

600.000

700.000

800.000

900.000

Jan-Nov 10 Jan-Nov 11 Jan-Nov 12

Tonnes cw

IMPORTS of Poultry Meat into EU (Tonnes cwe)

Brazil Thailand Israel Chile China Other destinations

1.053.209 1.190.580 1.093.414

554.802622.543 707.992

1.793.436

2.038.287 2.040.414

0

500.000

1.000.000

1.500.000

2.000.000

2.500.000


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 95.132 9,7% 97.485 9,6% 118.020 9,3% 151.269 10,7% 135.625 10,3% - 2%

Hong Kong 58.669 6,0% 88.357 8,7% 151.559 12,0% 188.345 13,3% 116.197 8,8% - 35%

Benin 83.405 8,5% 84.912 8,4% 115.065 9,1% 126.022 8,9% 128.388 9,7% + 12%

South Africa 6.295 0,6% 7.938 0,8% 22.007 1,7% 94.163 6,7% 122.565 9,3% + 47%

Russia 230.113 23,4% 227.555 22,4% 245.478 19,4% 115.001 8,1% 105.178 8,0% + 0%

Ukraine 112.444 11,4% 89.314 8,8% 86.007 6,8% 81.736 5,8% 95.747 7,3% + 31%

Ghana 31.530 3,2% 28.694 2,8% 41.069 3,2% 68.896 4,9% 63.830 4,8% - 1%

Yemen 26.673 2,7% 36.331 3,6% 39.632 3,1% 37.970 2,7% 32.224 2,4% - 5%

Congo (Dem. Rep.) 21.386 2,2% 20.903 2,1% 27.749 2,2% 29.950 2,1% 30.457 2,3% + 13%

Switzerland 28.200 2,9% 28.111 2,8% 29.804 2,4% 29.330 2,1% 26.666 2,0% + 1%

Malaysia 17.888 1,8% 22.676 2,2% 25.899 2,0% 20.965 1,5% 22.306 1,7% + 24%

Vietnam 39.488 4,0% 39.971 3,9% 31.674 2,5% 29.086 2,1% 18.630 1,4% - 32%

Extra-EU27 982.286 1.015.784 1.265.183 1.411.142 1.317.556

% change + 3% + 25% + 12% + 1,8%

2008 2009 2010 Jan-Nov 122011


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

inTonnescwe

Exports of selected Poultry products

FROZEN PREPARED FRESH OTHERS


EU Poultry meat Export

136.518 179.992 116.197

122.565

138.926 135.625106.930

114.490 128.388228.569104.931 105.178

553.335673.028 709.604

1.147.979

1.294.866 1.317.556

0

200.000

400.000

600.000

800.000

1.000.000

1.200.000

1.400.000


Tonn

es cw

EU EXPORTS of Poultry Meat (Tonnes cwe)

Hong Kong South Africa Saudi ArabiaBenin Russia Other destinations *

* countries trading less than 96 000 Tons

125.106 162.714 137.916140.577

207.028 205.490117.918

140.266 174.220132.011

158.740

799.336

959.7601.066.619

1.429.112

1.681.135

1.883.562

0

200.000

400.000

600.000

800.000

1.000.000

1.200.000

1.400.000

1.600.000

1.800.000

2.000.000


1000

EUR

EU EXPORTS of Poultry Meat (1000 EUR)

Hong Kong South Africa Saudi Arabia Benin Russia Other destinations *

* countries trading less than 1 884 000 ('000 EUR)


50,00

75,00

100,00

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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 876

803827

782

1.017

1.101 1.1161.153

1.114

1.275

1.063 1.046997 997

867

9821.016

1.265

1.411

1.318

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 Jan-Nov 12

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 17January 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


-15,0%

-5,0%

5,0%

15,0%

25,0%

35,0%

45,0%

55,0%

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 December 2012

- 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

78,3 % increase for Eggs now for Breaking from week 1 2011 to week 2 of 201350,4% increase for Eggs for Consumption from week 1 2011 to week 1 of 2013Yellow difference is barn high minus enriched cage low,


0

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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 |

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

(baseline= monthly avg 2006 - 2009)


0

40

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4 000

5 500

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8 500

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

Pric

e €u

ro/1

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kg

Production forecast ofeggs in shell (Mio p).

compared to the price development


Compared


USA 4.245 18,6% 11.165 36,7% 13.439 42,9% 5.417 28,4% 13.896 41,5% + 138%

Argentina 6.164 27,0% 7.899 26,0% 7.888 25,2% 7.898 41,5% 9.446 28,2% + 27%

Mexico 2.002 8,8% 1.893 6,2% 1.425 4,5% 556 2,9% 1.018 3,0% + 221%

Albania 2.209 9,7% 1.659 5,5% 3.208 10,2% 1.303 6,8% 2.059 6,1% + 83%

India 6.593 28,9% 5.776 19,0% 3.211 10,2% 1.505 7,9% 3.109 9,3% + 107%

Israel 646 2,8% 711 2,3% 941 3,0% 547 2,9% 1.293 3,9% + 136%

Canada 1 0,0% 33 0,1% 2 0,0% 0 0,0% 67 0,2%

Brazil 64 0,3% 67 0,2% 0 0,0% 0 0,0% 0 0,0%

EXTRA EU 25/27 22.850 30.409 31.356 19.045 33.524

% change + 33% + 3% - 39% + 78,1%

2008 2009 2010 Jan-Nov 122011

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


EU Egg Imports

13.570

5.837

13.896

7.718

7.466

9.446

4.402

2.901

4.947

31.805

18.828

33.524

0

5.000

10.000

15.000

20.000

25.000

30.000

35.000

40.000


Total EU Import of Eggs - not incl. Hatching eggs

(Tonnes eggs equiv)

USA Argentina India Canada Albania Other destinations

13.331 10.960

22.363

6.0405.544

7.8742.941

4.348

27.637

21.412

40.924

0

5.000

10.000

15.000

20.000

25.000

30.000

35.000

40.000

45.000


Total EU Import of Eggs - not incl. Hatching eggs

(1000 EUR)

USA Argentina India Canada Albania 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

in Tonnes egg equiv.

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

FRESH Albumin Not In Shell Yolk Haching


Compared


Japan 62.254 33% 47.238 31% 52.923 29% 65.982 30% 61.724 36% - 0%

Sw itzerland 44.229 24% 43.499 29% 45.107 25% 42.152 19% 38.603 22% - 0%

Russia 7.113 4% 4.360 3% 5.293 3% 4.947 2% 5.606 3% + 22%

Angola 4.049 2% 4.019 3% 10.227 6% 17.498 8% 16.545 10% - 3%

Libya 0 0% 40 0% 201 0% 226 0% 344 0% + 52%

Thailand 6.190 3% 4.068 3% 6.180 3% 7.254 3% 6.204 4% - 8%

Ukraine 7.250 4% 4.304 3% 5.693 3% 4.422 2% 3.888 2% - 9%

Taiw an 4.624 2% 2.868 2% 7.145 4% 7.941 4% 4.428 3% - 38%

South Korea 1.859 1% 1.948 1% 2.495 1% 4.379 2% 3.108 2% - 23%

U.A.Emirates 9.436 5% 2.664 2% 5.864 3% 8.262 4% 1.599 1% - 80%

Norw ay 1.805 1% 963 1% 570 0% 1.300 1% 883 1% - 27%

Israel 6.002 3% 3.398 2% 1.308 1% 2.729 1% 1.037 1% - 57%

EXTRA EU 25/27 187.209 150.173 181.682 216.447 172.553

% change - 20% + 21% + 19% - 15,2%

2008 2009 2010 Jan-Nov 122011

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


47.816 61.796 61.724

41.18038.745 38.603

61.382

79.85748.864

164.132

203.589

172.553

0

50.000

100.000

150.000

200.000

250.000


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

Japan Switzerland Russia Angola Iraq Other destinations

33.501 41.517 54.712

58.832 51.801

59.523

5.749

58.779

77.588

62.653163.781

193.500206.891

0

50.000

100.000

150.000

200.000

250.000


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

Japan Switzerland Russia Angola Iraq 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

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 31

19

34

144

164

186

209

231

201 205

191

142

198 198202

167

187

150

182

216

173

0

25

50

75

100

125

150

175

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225

250

275

1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Jan-Nov12

in 1000 TonnesIMPORTS EXPORTS

EU Egg Trade Balance (not including Hatching eggs)


50,00

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09 | 10 | 11 | 12 | 13 |

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

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

EU Market Situation for Eggs and Poultry Management Committee 17 January 2012.

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