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Meat & Poultry
Chicken
17
The average price of EU chicken reached EUR 2,584/MT, up 1.7% m-o-m and 31.7% in August, with an increase
in demand for some chicken cuts such as breast. Also, relatively firm input costs have discouraged poultry farmers
and processors from increasing their chicken production, thus leading to supply tightness.
In August, the average price of US chicken fell by 12.7% m-o-m, with an increase in supplies on the market.
Slightly lower slaughter weights were compensated for by slightly greater slaughter numbers. Also, a rise in breast
and wings' stocks added downward pressure on chicken prices. Nevertheless, the price was up 29.6% y-o-y at
USD 2,945/MT, due to high feed and energy prices.
Chicken ddwt mp EU - EUR/MT
Aug 20 Nov 20 Feb 21 May 21 Aug 21 Nov 21 Feb 22 May 22 Aug 22
1,500
1,700
1,900
2,100
2,300
2,500
2,700
BY18 - Chicken ddwt mp EU
Chicken ddwt grade A NY US - USD/MT
Aug 20 Nov 20 Feb 21 May 21 Aug 21 Nov 21 Feb 22 May 22 Aug 22
1,000
1,500
2,000
2,500
3,000
3,500
4,000
OL01 - Chicken ddwt grade A NY US