Meat & Poultry
Chicken
1,500
1,600
1,700
1,800
1,900
2,000
2,100
2,200
Dec 19 Mar 20 Jun 20 Jun 21 Sep 21 Dec 21
Chicken ddwt mp EU - EUR/MT
Sep 20 Dec 20 Mar 21
BY18 - Chicken ddwt mp EU
The average price of EU chicken reached EUR 2,105/MT in December, up 2% m-o-m and 16.9% y-oy,
supported by low chicken inventories on the market. Despite the chicken price increase, EU poultry
farmers have reportedly had lower profitability during the last twelve months than in previous years
because of high feed prices. Feed grain prices are expected to remain high, leading to firm chicken
prices in early 2022.
In December, the average price of US chicken rose by 19.4% m-o-m and 54.4% y-o-y, to USD
2,703/MT, on the back of lower chicken production y-o-y in November, elevated feed prices and
robust export demand. Based on the expectation of high feed prices in 2022, US chicken prices are
likely to remain elevated in the current year.
2,800
2,600
2,400
2,200
2,000
1,800
1,600
1,400
1,200
1,000
Dec 19 Mar 20 Jun 20 Jun 21 Sep 21 Dec 21
Chicken ddwt grade A NY US - USD/MT
Sep 20 Dec 20 Mar 21
OL01 - Chicken ddwt grade A NY US
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