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Poultry and Turkey Sectors to Grow

11 September 2012, at 8:27am

EU - Both the broiler and turkey sectors in the EU are expected to grow in 2012 and 2013, according to a new report from the USDA Foreign Agricultural Service.

The broiler sector is benefiting both from slow growing domestic demand, which is less affected than other meats by the economic recession, and increased exports.

The overall broiler production in 2012 encompasses various situations and is forecast to increase from 2011 in all major EU producing countries, except for France, the EU-27 Poultry and Products Annual Report says.

The sharp rise in global grain prices since the late spring of 2012 will directly impact broiler production costs.

This year, the ongoing gloomy economic situation throughout the EU-27 may prevent processors and retailers from further increasing their prices, thus leading to tighter processors margins in the second half of 2012 and early 2013.

Member States broiler trade surplus is expected to increase in 2012 and 2013 in light of stable imports (mainly due to the strength of the Brazilian Real) and surging exports.

Turkey production in the EU is now expected to increase in 2012 and 2013, as declines in France are forecast to be outweighed by gains in Poland, Spain, and above all the UK, the latter fueled by an increased consumption demand due to aggressive promotions and advertising campaigns.

Further Reading

- You can view the full report by clicking here.