EU Market Situation for Eggs Committee for the Common Organisation of the Agricultural Markets 22 May 2014 Evolution of the weekly EU average price for Class A eggs in packing stations €uro/ 100kg 185 165 145 125 105 85 1 4 7 10 13 Moy.09-13 DG AGRI C4 16 19 2011 22 25 28 2012 31 34 37 2013 40 43 46 49 52 2014 22 May 2014 Placings of Laying chicks (1 000 pieces) compared to the baseline trend (baseline= monthly avg 2007 - 2010) 37 500 30 000 22 500 15 000 7 500 0 | 2012 2013 2014 2009 Jan. 25 552 26 226 20 522 DG AGRI C4 Feb. 25 682 23 091 20 850 | 2010 March 28 584 26 652 27 857 | April 28 264 27 612 2011 May 28 848 26 827 | June 26 947 25 825 2012 | July Aug. 26 609 23 048 24 405 20 144 2013 | Sept. 24 578 23 550 Oct. 23 499 22 712 2014 Nov. 20 805 20 308 | Dec. 25 508 18 341 22 May 2014 Production forecast of eggs in shell (Mio p). compared to the price development 8 500 160 80 Price €uro/100kg 120 7 000 5 500 40 0 4 000 2009 | 2012 2013 2014 Jan. 7 445 7 518 7 243 DG AGRI C4 | 2010 Feb. March 7 403 7 378 7 474 7 497 7 203 7 216 | April 7 331 7 458 7 131 2011 May 7 207 7 443 7 055 | 2012 July June 7 171 7 224 7 529 7 446 7 095 7 001 | Aug. 7 334 7 420 7 283 2013 Sep. 7 423 7 424 7 378 | Oct. 7 487 7 442 2014 Nov. 7 517 7 412 | Dec. 7 516 7 238 22 May 2014 Egg prices of EU, USA, Brazil and India in €uro/ 100kg 190,00 165,00 140,00 132,4 120,4 115,00 119,1 90,00 65,00 61,1 40,00 | 10 | EU egg DG AGRI C4 11 | US egg €uro 12 | 13 BR Egg €uro (Ave World)/ Noticias | 14 | India NECC 22 May 2014 Prices of Eggs for consumption and Eggs for breaking 2011 - 2014 €uro/ 100kg 200,00 160,00 120,00 80,00 40,00 0,00 | DG AGRI C4 2011 | 2012 | 2013 | 2014 Eggs for Consumption US breaking (high) EU Barn cage free breaking (high) EU Enriched cage breaking (high) 22 May 2014 | Maximum weekly prices for individual egg products in the EU and the USA in €/10kg 220,0 200,0 180,0 160,0 140,0 120,0 100,0 80,0 60,0 40,0 20,0 0,0 1 | 5 9 13 17 21 25 29 33 37 41 45 49 2012 DG AGRI C4 1 | 5 9 13 17 21 25 29 33 37 41 45 49 2013 1 | 5 9 13 17 21 25 29 33 37 41 45 49 2014 whole plain EU Yolk EU Albumen Spray EU whole plain US Yolk US Albumen Spray US 22 May 2014 1 | Futures for Maize EU (Euronext) (Nearby = 2013 - 2014) 260 Delivery: Nearby 240 2014 Jun 2014 Aug 220 €/Tonn 2014 Nov 200 180 160 | 2013 | Feb | Mrt | Apr | May | Jun | July | Aug | Sep | Oct | Nov | Dec | 2014 | Feb | Mrt | Apr | May | Jun | DG AGRI C4 22 May 2014 Futures for Feed wheat EU (Euronext) (Nearby = 2013 & 2014) Delivery: 225 01 Nearby 2014 May 2014 Nov €uro/ Tonn 2015 Jan 195 165 135 J|an 2013| Feb | Mrch | Apr | May | June | July | Aug | DG AGRI C4 Sep | Oct | Nov | Dec Jan | 2014 | Feb | Mrch | Apr | May | June | 22 May 2014 Futures for Soybeans in US$ct/ Bushel (nearby = 2013 & 2014) 1 700 Delivery: 01 Nearby 2014 Jul 2014 Aug 2014 Sep 1 600 1 500 1 400 1 300 1 200 1 100 |Jan 2013| Feb | Mch DG AGRI C4 | Apr | May | Jun | July | Aug. | Sept. | Oct. | Nov. | Dec. |Jan 2014| Feb | Mch | Apr | May | Jun | 22 May 2014 Margin between Feed cost and Egg price in Egg production marge 180 Marge 2009 - 2013 feed Euro/ 100kg 150 egg 120 90 60 30 0 04 05 06 07 08 09 10 DG AGRI C4 11 12 13 ja fe mr ap ma jn jl au se oc no de 22 May 2014 100KG Egg minus feedcost for Laying Hens feedconversionrate = 2,7(2009) - 2,2(2014) Remainder €uro/ 100kg 120 100 80 60 40 20 0 1 3 5 7 Marge Average 09 - 13 DG AGRI C4 9 11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49 51 53 Marge Egg 2011 Marge Egg 2012 Marge Egg 2013 Marge Egg 2014 22 May 2014 EU Imports of Eggs: Trade Figures (Comext – tonnes egg equiv.) not incl. Hatching eggs 2010 tonnes India 3 211 USA 2011 % 9.4% tonnes 1 554 2012 % 7.5% tonnes 3 657 2013 % tonnes Jan-Mar 14 % tonnes % Compared to Jan-Mar 13 9.7% 3 856 18.9% 1 109 39.0% - 20.5% 14 009 40.9% 5 960 28.6% 15 183 40.2% 6 853 33.5% 894 31.5% - 65% Argentina 7 937 23.2% 8 115 39.0% 10 162 26.9% 5 734 28.0% 485 17.0% - 77% Norway 1 722 5.0% 1 502 7.2% 1 474 3.9% 1 969 9.6% 129 4.5% - 82% Switzerland 337 1.0% 342 1.6% 332 0.9% 355 1.7% 104 3.7% + 113% Israel 941 2.7% 547 2.6% 1 393 3.7% 349 1.7% 100 3.5% + 101% 6 087 0.2% 2 787 0.0% 5 528 0.0% 1 338 0.0% 22 0.8% Others EXTRA EU 28 % change DG AGRI C4 34 244 20 806 37 729 20 454 2 843 - 39% + 81% - 46% - 62.8% 22 May 2014 EU Egg Imports Total EU Import of Eggs - not incl. Hatching eggs (Tonnes eggs equiv) Total EU Import of Eggs - not incl. Hatching eggs (1000 EUR) 12.000 10.000 8.723 10.573 9.000 7.650 1.889 9.805 8.000 830 10.000 1.692 7.000 8.000 6.000 135 4.000 2.843 2.571 1.394 363 Jan-Mar 12 India USA Jan-Mar 13 Argentina DG AGRI C4 Norway 4.400 4.000 3.183 2.000 2.000 1.000 1.109 Jan-Mar 14 Switzerland 5.308 3.000 122 894 2.200 6.000 5.037 5.000 0 Other destinations 1.675 545 Jan-Mar 12 India USA Jan-Mar 13 Argentina Norway 1.020 Jan-Mar 14 Switzerland 0 Other destinations 22 May 2014 EU-27/28 Imports of selected EGGS products (including Hatching eggs) 8 000 7 000 in Tonnes egg equiv. 6 000 5 000 4 000 3 000 2 000 1 000 0 | Jan 06 2006 | Jan 07 2007 FRESH DG AGRI C4 | Jan 08 2008 | Jan 09 Albumin 2009 | Jan 10 2010 | Jan 11 Not In Shell 2011 | Jan 12 Yolk 2012 | Jan 13 2013 | Jan 14 Haching 22 May 2014 EU Exports of Eggs: Trade Figures (Comext – tonnes egg equiv.) not incl. Hatching eggs 2010 tonnes 2011 % tonnes 2012 % tonnes 2013 % tonnes Jan-Mar 14 % tonnes Compared % Japan 52.923 29% 66.357 31% 66.938 36% 64.527 30% 18.005 32% Sw itzerland to Jan-Mar 13 + 33,0% 45.072 25% 42.168 19% 41.893 23% 42.086 20% 10.583 19% - 7% Thailand 6.180 3% 7.254 3% 6.409 3% 5.919 3% 1.766 3% + 19% U.A.Emirates 5.888 3% 8.262 4% 1.674 1% 10.450 5% 2.703 5% + 53% 10.414 6% 17.524 8% 17.109 9% 12.906 6% 2.151 4% - 56% Angola Iraq 20 0% 1.552 1% 1.139 1% 7.741 4% 3.670 7% +++ South Korea 2.495 1% 4.379 2% 3.422 2% 3.649 2% 683 1% - 22% Equat.Guinea 1.487 1% 1.945 1% 1.632 1% 2.215 1% 863 2% + 30% Secr.Extra 2.164 1% 1.148 1% 2.638 1% 8.262 4% 841 2% - 22% Russia 5.293 3% 4.947 2% 5.982 3% 10.539 5% 1.736 3% - 45% +++ Gambia 1.946 1% 3.059 1% 887 0% 432 0% 687 1% Others 47.836 26% 58.511 27% 36.071 19% 45.890 21% 11.748 21% EXTRA EU 28 % change DG AGRI C4 181.719 217.105 185.793 214.617 55.437 + 19% - 14% + 16% + 12,5% 22 May 2014 EU Egg Exports Total EU Export of Eggs not incl. hatching eggs (1000 EUR) Total EU Export of Eggs not incl. hatching eggs (T. eggs equiv.) 55.437 80.000 60.000 49.257 47.707 65.984 67.088 23.106 23.306 18.324 17.686 15.176 40.000 30.000 60.000 51.101 50.000 16.520 40.000 4.312 10.583 11.244 30.000 20.000 11.373 19.384 14.801 20.000 16.078 15.843 18.005 13.536 10.000 11.800 14.487 Jan-Mar 12 Jan-Mar 13 19.043 Switzerland Jan-Mar 13 Iraq DG AGRI C4 U.A.Emirates Jan-Mar 14 Angola Other origins 10.000 0 0 Jan-Mar 12 Japan 70.000 50.000 Japan Switzerland Iraq U.A.Emirates Jan-Mar 14 Angola Other origins 22 May 2014 EU-27/28 Exports of selected EGGS products (including Hatching eggs) 30 000 in Tonnes eg g equiv. 25 000 20 000 15 000 10 000 5 000 0 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | Jan Jan Jan Jan Jan Jan Jan Jan Jan 06 07 08 09 10 11 12 13 14 FRESH DG AGRI C4 Albumin Not In Shell Yolk Haching 22 May 2014 EU Egg Trade Balance (not including Hatching eggs) 275 in 1000 Tonnes IMPORTS EXPORTS 250 231 217 209 201 205 198 191 186 198 225 215 202 187 200 186 182 175 167 164 150 144 150 142 125 100 69 75 55 39 18 23 10 30 27 18 17 16 25 30 45 23 30 50 38 34 21 20 25 3 0 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 JanMar 14 DG AGRI C4 22 May 2014 Number of Laying Hens 2013 by way of keeping based on the EU Member States that communicated data (27) Methods of production communicated accordingly to Reg. 589/2008 Free range 46 293 12,2% Barn 100 587 26,5% No data received from: MT Organic 14 481 3,8% Total nr of Hens: 380,5 Mio Trad. Cage 816 0,2% Enr. Cage 218 313 57,4% DG AGRI C4 22 May 2014