U.S. Poultry Price Soars in June Against High Inflation
Sep 14, 2022
In July 2022, the poultry price per ton stood at $1,544 per ton, remaining constant against the previous month.
Chicken Meat Price per Ton June 2022
Aug 6, 2022
In June 2022, the chicken meat price per ton amounted to $1,507 per ton, picking up by 18% against the previous month.
Turkey Meat Price per Ton May 2022
Jul 27, 2022
The turkey meat price per ton stood at $2,860 (FOB, US) in May 2022, waning by -4.4% against the previous month.
U.S. Meat Prices: Broilers Gain Most, Inflation Accelerates on Rising Feed Costs
Jan 27, 2022
In January 2022, U.S. meat prices grew tangibly compared to January 2021: beef prices soared by 30%, pork by 11%, turkey gained 18%, and broiler prices skyrocketed by 62%. Prices are set to accelerate due to rising feed costs, spurred by low hay stocks.
Chicken Meat Prices Reach the Highest Level Ever and Keep Growing in 2022
Jan 18, 2022
In December 2021, the chicken price peaked at $2.74 per kg, gaining 17% from a month earlier. The average annual figure is forecast to rise from $2.26 per kg last year to $2.30 per kg in 2022.
Changing Consumption Patterns and Sustainability Issues Hamper EU Meat Market
Jan 11, 2022
The market for meat and poultry in the EU is forecast to decrease at an average yearly rate of -0.4% in the upcoming decade. The drop in consumption is mainly driven by changes in consumer habits to diminish meat in their diet and decreased meat and poultry production to promote sustainability. Demand for beef and pork is expected to fall, while for poultry and sheep, it will increase. In these conditions, alternative proteins will not compete with animal-based meats due to their high costs. Meat and poultry exports to EU countries will decline primarily due to lower demand from Asia.
Turkey Prices in the U.S. Keep Soaring Due to Strong Demand and Labor Shortages
Nov 22, 2021
This November, the price for fresh whole body turkeys surpassed November 2020 figures by 9%, while frozen whole body turkeys jumped 20% y-o-y. A short supply of workers led to lower turkey output and higher prices on the backdrop of consistently strong consumer demand. Turkey imports to the U.S. maintained the previous year’s levels. Canada and Chile remain the only turkey suppliers to America. Unprecedented inflation rates have struck the entire food sector; in October 2021, price increases for meats, poultry, fish and eggs became the highest recorded in the past 30 years.
Chicken Meat Prices Skyrocket Due to Restored Demand in the HoReCa, a Flash of the Bird Flu and Increasing Costs for Grains
Aug 18, 2021
Since the start of 2021, prices in the global chicken meat market shot up as a result of high demand, rising costs for feed grain and food as well as a decreasing rate of chicken slaughter in the EU, South Korea and Japan. Heightened costs for shipping containers are additionally driving the growth in export prices. As of year-end 2021, worldwide production and exports of chicken meat are forecast to remain at the previous year’s level. Demand for chicken meat in China is dropping while the pig population in the country is recovering and hog prices are decreasing. Saudi Arabia’s ban on imports of chicken products from Brazil may lead to diminished exports from that country.
Global Duck and Goose Meat Imports Grow Steadily with Increasing Demand in the EU
Aug 13, 2021
In 2020, global duck and goose meat imports increased by +3.3% y-o-y to 268K tons and reached $1.1B in value terms. Germany and Hong Kong constitute the largest importers of these products worldwide. In 2020, Spain, Denmark, Belgium and the Netherlands saw the highest spikes in imports in physical terms. Over the last year, the average duck and goose meat import price rose by +6.5% y-o-y. Hungary, China, Poland and France are the key suppliers worldwide, with a combined 66%-share of the global export volume.
Poland Manages to Expand Turkey Meat Exports While the EU Totals Decrease
Jul 28, 2021
Turkey meat exports in the EU decreased slightly over the last year, amounting to 594K tons or $1.5B. Poland remains the top turkey meat exporter in the EU, comprising near 36% of the total figure. The country was the only supplier that coped to keep exports growing in 2020 despite the pace of growth lost momentum from robust gains seen over the previous two years. Germany, Spain and the Czech Republic constituted major foreign markets for exporters from Poland.
While the European Meat and Poultry Market is Hampered by Avian Influenza, British Producers Struggle with Brexit Shocks
Mar 24, 2021
The European meat and poultry market remains relatively resilient against the pandemic but suffers from a pathogenic avian influenza outbreak. Brexit hampers severely British meat exports to the EU. The new green agenda forces livestock breeders and meat producers to reduce emissions. Should this trend strengthen, the alternative protein market may emerge against the slower growth of the meat market.