Client demand remained elevated
12 July 2024
2 minute learn
Though 2024 began with decrease broiler numbers, declining feed grain and power costs, together with increasing home consumption, are supporting extra development for the trade, based on a latest US Division of Agriculture (USDA) World Agricultural Info Community (GAIN) report. Client demand has stayed elevated with expectations for a full restoration of tourism and meals service shops.
Rooster meat
Slaughter knowledge for the primary 4 months of the yr exhibits 9.2% greater broiler slaughter. Nonetheless, as a consequence of decrease common carcass weight, it resulted in 2.3% improve in broiler meat output. The most recent worth knowledge as of mid-June signifies that broiler costs have decreased by 1.1% in comparison with a yr in the past (€213.71/100 kg) and in comparison with the EU decline of two% ((€271.25/100 kg).
Home costs have been extra secure and the hole between native and EU costs has shrunk. As of mid-June, the home broiler worth was at 79% of the EU common in comparison with 77% within the final yr. Total, broiler costs at slaughterhouses stay a minimum of 20 p.c under the typical EU costs. Bulgaria has the second lowest broiler costs within the EU, after Poland.
Duck meat
The duck meat trade faces extra challenges this yr as a consequence of HPAI outbreaks and stock losses, in addition to as a consequence of decrease duck meat costs in comparison with 2023. Within the first 4 months of 2024, the expansion within the variety of geese slaughtered was at 6.8%, nonetheless, it translated to solely a 1.5% improve in duck meat output as a consequence of a decline within the common carcass weight.
Poultry meat
On account of these developments, complete poultry meat manufacturing for the primary 4 months of 2024 was 2.4% greater than a yr in the past. It’s forecasted that this development has the potential to speed up to above 3% for the yr, and within the case of broiler meat, the output might improve to 92-93,000 MT. The expectations for the duck meat manufacturing are for stagnation or a small decline to 24,000 MT, whereas complete poultry meat is estimated at about 123,000 MT.
