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Meat & Poultry
Chicken
14 Chicken ddwt mp EU - EUR/MT
Jan 19 May 19 Sep 19 Jan 20 May 20 Sep 20 Jan 21 May 21
1,600
1,700
1,800
1,900
2,000
2,100
BY18 - Chicken ddwt mp EU
Approximately 6 million chickens were slaughtered and disposed of in Poland (the largest EU chicken supplier) in
April and May due to the Avian Influenza (AI) outbreak in early April. As a result, the average price of EU chicken in
May reached EUR 2,023/MT, up 2.1% m-o-m and 15% y-o-y. Chicken supplies are expected to be tight in the
short term, as the AI outbreak also impacted chicken populations in EU countries.
In May, the average price of US chicken reached USD 2,276/MT, up 4% m-o-m and 47.6% y-o-y, driven by weak y
-o-y production in Q1-2021, record-low cold storage stocks, and high feed prices. Also, chicken wings, which have
been in high demand as a take-away item during the pandemic, are at their lowest level in cold storage since 2012.
This has exerted upward pressure on US chicken prices.
Chicken ddwt grade A NY US - USD/MT
Jan 19 May 19 Sep 19 Jan 20 May 20 Sep 20 Jan 21 May 21
1,000
1,200
1,400
1,600
1,800
2,000
2,200
2,400
2,600
2,800
OL01 - Chicken ddwt grade A NY US