EU Market Situation for Eggs and Poultry Management Committee 13 December 2012 Evolution of the weekly EU average price for Broiler €uro/ 100kg 200 190 180 170 160 150 1 4 Avg 07 - 11 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52 2009 EU market situation for Eggs and Poultry 2010 Man Com 2011 2012 13 December 2012 19.0% Percentual change of Broiler prices November 2012 14.0% - 1 year - 1 month 9.0% 4.0% -1.0% -6.0% BE BG CZ DK DE EE EL ES FR IE IT CY LV LT HU MT NL ÖS PL PT RO SI EU market situation for Eggs and Poultry Man Com SK SF SV UK 13 December 2012 EU Price of Basic Ingredients 2010 - 2012 Soft wheat (EU) Barley (EU) Maïs (EU) 450 Soja (CAF) Hulls (EU) Euro / tonne Manioc (CAF) C.G.F. (CAF) 350 250 150 50 Jan 10 April Juil Oct Jan-11 April EU market situation for Eggs and Poultry Juil Oct Jan-12 Man Com April Juil 13 December 2012 Oct Jan-13 Futures for Feed w heat EU (Euronext) (Nearby = 2011 & 2012) €uro/ Tonn 210 180 Delivery: 150 01 Nearby 2013 Jan 2013 Mar 2013 Nov 120 | July | Aug | Sep | Oct | Nov | Dec Jan | 2012| Feb | Mrch | Apr | May | June | July | Aug | Sep | Oct | Nov | Dec | EU market situation for Eggs and Poultry Man Com 13 December 2012 Futures for Maize EU (Euronext ) (Nearby = 2011 - 2012) 260 240 €/Tonn 220 Delivery: 200 01 Nearby 2013 Mar 180 2013 Nov 2014 Jan 160 | July | Aug | Sep | Oct | Nov | DecJan | 2012 | Feb | Mrt | Apr | May | Jun | July | Aug | Sep | Oct | Nov | Dec | EU market situation for Eggs and Poultry Man Com 13 December 2012 Futures for Soybeans in US$ct/ Bushel (nearby = 2011 & 2012) 1 700 De live ry: 1 600 01 Nearby 2013 Mar 2013 Jul 1 500 2013 Nov 1 4 00 1 300 1 200 1 100 | July | Aug. | Sept. | Oct. | Nov . | Dec. J| an 2012| Feb | Mch | Apr | May | EU market situation for Eggs and Poultry Jun | July | Aug. | Sept. | Oct. | Nov . | Dec. | Man Com 13 December 2012 Price development of Compound feed for Broilers, a Broiler Cereal-Feedmix and Broiler price 400 350 Euro/ T (feed) Euro/ 100kg (Broiler) 300 250 200 margin broiler/ comp feed (2.7) Cereal-mix Compound feed Broiler Avg. Margin 200 7 - 2011 150 100 50 0 | 2009 | 2010 | 2011 | 2012 | 2013 NB. Comp. Feed 2012 =Forecast as from November Cereal mix and Poultry 2012 = Forecast as from December EU market situation for Eggs and Poultry Man Com 13 December 2012 | Placings of Broiler chicks (1 000 pieces) compared to the baseline trend (baseline = monthly avg 2006 - 2009) 500 000 400 000 300 000 200 000 100 000 0 | 2006 | 2007 | 2008 | EU market situation for Eggs and Poultry 2009 | 2010 Man Com | 2011 | 2012 13 December 2012 | Forecast and Production of Broilers. In Tonn 750 600.000 600 450.000 450 300.000 300 150.000 150 0 0 | 2006 | 2007 | 2008 | 2009 Forecast EU market situation for Eggs and Poultry | 2010 | 2011 | 2012 | Realised Po ultry slaug hter Man Com 13 December 2012 Realised slaughter in 1000 T 750.000 Eurofarm Structure Survey 2010 Change in Broilers and Holdings with Broilers per Category in the EU (BE no data 2010) 90,0% 60,0% 30,0% change 2010/2007: Broilers: +10,7% Holdings: - 32,5% 0,0% -30,0% 1-99 100-2999 % of animals i n Category EU market situation for Eggs and Poultry 3000-9999 > 10000 % change per category Man Com 13 December 2012 Import of Poultry meat from selected origins 2008 tonnes 2009 % tonnes 2010 % tonnes 2011 % tonnes Jan-Oct 12 % tonnes % Compared to Jan-Oct 11 Brazil 679 469 76.3% 659 368 75.3% 581 391 72.4% 587 404 71.0% 465 998 67.6% - 6% Thailand 146 882 16.5% 141 524 16.2% 149 682 18.6% 154 229 18.6% 150 774 21.9% + 16% Chile 34 718 3.9% 39 022 4.5% 34 276 4.3% 44 306 5.4% 36 766 5.3% + 1% China 15 0.0% 5 690 0.6% 9 997 1.2% 13 735 1.7% 12 607 1.8% + 11% 20 416 2.3% 20 576 2.3% 15 760 2.0% 15 630 1.9% 11 136 1.6% - 13% Israel 6 252 0.7% 5 470 0.6% 7 249 0.9% 7 084 0.9% 4 320 0.6% - 26% Croatia 1 884 0.2% 2 295 0.3% 2 650 0.3% 2 714 0.3% 2 372 0.3% + 6% USA 393 0.0% 386 0.0% 439 0.1% 99 0.0% 304 0.0% + 246% Uruguay 109 0.0% 98 0.0% 2 0.0% 7 0.0% 36 0.0% + 442% Argentina EXTRA EU 25/27 % change 891 087 875 886 803 120 827 420 688 985 - 2% - 8% + 3% - 0.9% EU market situation for Eggs and Poultry Man Com 13 December 2012 Imports of selected Poultry products 100.000 90.000 80.000 60.000 50.000 40.000 30.000 20.000 10.000 0 | Jan 06 2006 | Jan 07 2007 | Jan 08 FROZEN 2008 | Jan 09 2009 PREPARED | Jan 10 2010 SALTED EU market situation for Eggs and Poultry | Jan 11 2011 | Jan 12 OTHERS Man Com 13 December 2012 in Tonnes cwe 70.000 EU Poultry meat Import IMPORTS of Poultry Meat into EU (1000 EUR) IMPORTS of Poultry Meat into EU (Tonnes cwe) 800 000 694 986 656 941 1 819 676 688 985 700 000 5 911 1 823 095 1 800 000 1 596 842 1 600 000 600 000 130 507 124 398 150 774 562 264 300 000 494 139 473 308 465 998 Tonnes cw 500 000 400 000 200 000 624 519 497 259 Brazil Thailand Israel Chile Jan-Oct 12 China Other destinations EU market situation for Eggs and Poultry 1 200 000 800 000 1 055 353 936 652 983 458 600 000 400 000 200 000 0 Jan-Oct 11 1 400 000 1 000 000 100 000 Jan-Oct 10 2 000 000 0 Jan-Oct 10 Brazil Thailand Jan-Oct 11 Jan-Oct 12 Israel China Man Com Chile Other destinations 13 December 2012 1000 EUR Export of Poultry Meat to Selected Destinations 2008 tonnes 2009 % tonnes 2010 % tonnes 2011 % tonnes Compared Jan-Oct 12 % tonnes % to Jan-Oct 11 Saudi Arabia 95 132 9.7% 97 485 9.6% 118 020 9.3% 151 269 10.7% 122 916 10.4% Hong Kong 58 669 6.0% 88 357 8.7% 151 559 12.0% 188 345 13.3% 103 096 8.7% - 37% Benin 83 405 8.5% 84 912 8.4% 115 065 9.1% 126 022 8.9% 113 211 9.6% + 11% 6 295 0.6% 7 938 0.8% 22 007 1.7% 94 163 6.7% 113 289 9.6% + 56% 245 478 19.4% 115 001 8.1% 91 992 7.8% - 4% South Africa Russia 230 113 23.4% Ukraine 112 444 11.4% 227 555 22.4% - 2% 89 314 8.8% 86 007 6.8% 81 736 5.8% 85 813 7.3% + 32% Ghana 31 530 3.2% 28 694 2.8% 41 069 3.2% 68 896 4.9% 58 420 5.0% + 2% Yemen 26 673 2.7% 36 331 3.6% 39 632 3.1% 37 970 2.7% 28 297 2.4% - 7% Congo (Dem. Rep.) 21 386 2.2% 20 903 2.1% 27 749 2.2% 29 950 2.1% 25 442 2.2% + 2% Switzerland 28 200 2.9% 28 111 2.8% 29 804 2.4% 29 330 2.1% 24 076 2.0% + 0% Malaysia 17 888 1.8% 22 676 2.2% 25 899 2.0% 20 965 1.5% 20 200 1.7% + 31% Vietnam 39 488 4.0% 39 971 3.9% 31 674 2.5% 29 086 2.1% 17 738 1.5% - 30% Extra-EU27 % change 982 286 1 015 784 1 265 183 1 411 142 1 180 075 + 3% + 25% + 12% + 1.3% EU market situation for Eggs and Poultry Man Com 13 December 2012 Exports of selected Poultry products 140.000 120.000 100.000 80.000 60.000 40.000 20.000 | Jan 06 2006 | Jan 07 2007 | Jan 08 FROZE N 2008 | Jan 09 2009 | Jan 10 PREPARED EU market situation for Eggs and Poultry 2010 FRESH | Jan 11 2011 | Jan 12 0 OTHER S Man Com 13 December 2012 in Tonnes cwe EU Poultry meat Export EU EXPORTS of Poultry Meat (Tonnes cwe) EU EXPORTS of Poultry Meat (1000 EUR) 1 675 316 1 400 000 1 180 075 1 503 240 1 020 632 1 400 000 1 269 893 1 000 000 635 571 489 215 800 000 600 000 213 756 95 878 102 433 91 992 113 211 92 943 125 913 122 916 117 792 162 890 Jan-Oct 10 Jan-Oct 11 South Africa Russia 113 289 103 096 1 200 000 947 801 858 907 Tonnes cw 605 240 Hong Kong Benin 1 600 000 1 200 000 1 000 000 707 936 800 000 118 440 124 278 400 000 141 420 600 000 153 399 189 753 181 805 400 000 200 000 101 715 0 109 276 143 747 128 775 122 115 Jan-Oct 10 Jan-Oct 11 Jan-Oct 12 Jan-Oct 12 Saudi Arabia Other destinations * Hong Kong Benin * countries trading less than 86 000 Tons EU market situation for Eggs and Poultry South Africa Russia 1000 EUR 1 164 777 1 800 000 200 000 0 Saudi Arabia Other destinations * * countries trading less than 108 000 ('000 EUR) Man Com 13 December 2012 Broiler prices in EU, USA and Brazil in €uro/ 100kg 20 0.00 17 5.00 15 0.00 12 5.00 10 0.00 75 .00 50 .00 08 | 09 EU broiler | 10 US broi l er €uro EU market situation for Eggs and Poultry | 11 | 12 BR Broi l €uro/ (Ave worl d) Man Com 13 December 2012 | EU Poultry meat Trade Balance 1 600 IMPORTS EXPORTS 1 411 1 400 1 275 1 153 1 180 1 200 1 114 1 063 1 046 1 017 997 997 982 858867 891 1 016 1 000 876 803 794 827 800 689 676 614 616 600 480 371 302 277 292 400 310 in 1000 Tonnes cwe 1 101 1 116 1 265 200 1997 1998 1999 2000 2001 2002 2003 2004 2005 EU market situation for Eggs and Poultry 2006 2007 2008 2009 Man Com 2010 2011 JanOct 12 0 13 December 2012 2001 2002 2003 2004 EU Market Situation for Eggs 2005 2006 2009 Management Committee 2010 2007 2008 13 December 2012 2011 2012 Evolution of the weekly EU average price for Eggs for Consumption 185 €uro/ 100kg 165 145 125 105 85 1 4 7 Avg 07 - 11 10 13 16 19 2009 22 25 28 31 34 37 2010avg EU market situation for Eggs and Poultry Man Com 40 2011 43 46 49 52 2012 13 December 2012 Percentual change of Egg prices November 2012 55.0% - 1 year - 1 month 45.0% 35.0% 25.0% 15.0% 5.0% -5.0% -15.0% BE BG CZ DK DE EE EL ES FR IE IT CY LV LT HU MT NL ÖS PL PT RO EU market situation for Eggs and Poultry Man Com SI SK SF SV UK 13 December 2012 EU Prices for Eggs for consumption and Eggs for breaking 2011 - 2012 200 €uro/ 100kg 160 120 80 40 0 1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52 3 6 9 12 15 18 21 24 27 30 33 36 39 42 45 130 % increase for Eggs for Breaking from week 1 2011 to week 48 2012 56,1% increase for Eggs for Consumption from week 1 2011 to week 48 2012 Yellow difference is barn high minus enriched cage low, EU Low enr. cages high enriched cage EU market situation for Eggs and Poultry Eggs for Consumption Man Com US High breaking 13 December 2012 48 51 Margin betw een Feed cost and Egg price in Egg production marge feed 180 egg Avg Margin Euro/ 100kg 150 120 90 60 30 0 0 01 02 03 04 05 06 07 08 09 10 11 EU market situation for Eggs and Poultry ja fe mr ap ma jn jl au se oc no de Man Com 13 December 2012 Placings of Laying chicks (1 000 pieces) compared to the baseline trend (baseline= monthly avg 2006 - 2009) 37 500 30 000 22 500 15 000 7 500 0 | 2006 | 2007 | 2008 | EU market situation for Eggs and Poultry 2009 | 2010 Man Com | 2011 | 2012 13 December 2012 | Production forecast of eggs in shell (Mio p). compared to the price development 8 500 160 7 000 80 5 500 40 4 000 0 | 2006 | 2007 | 2008 | 2009 EU market situation for Eggs and Poultry | 2010 | Man Com 2011 | 2012 | 13 December 2012 Price €uro/100kg 120 Eurofarm Structure Survey 2010 Change in Laying Hens and Holdings with Laying Hens per Category in the EU (BE no data 2010) 75,0% 50,0% Change 2010/2007: layers: + 1,0% Holdings: - 30,4% 25,0% 0,0% -25,0% 1-50 51-349 % of animals in category EU market situation for Eggs and Poultry 350-9999 > 10000 % change per category Man Com 13 December 2012 Dispersion of Laying Hens by size-class (in 1000 heads) 2007 & 2010 Eurofarm structure survey EU 26 (BE no data 2010) 70.000 >350 60.000 51-349 1-50 50.000 40.000 30.000 20.000 10.000 BE BG CZ DK DE EE EI EL ES FR IT KY LV LT LU HU MT NL ÖS PL PT RO SI SK SF SE UK 0 EU market situation for Eggs and Poultry Man Com 13 December 2012 EU Imports of Eggs: Trade Figures (Comext – tonnes egg equiv.) not incl. Hatching eggs 2008 tonnes 2009 % tonnes 2010 % tonnes 2011 % tonnes Jan-Oct 12 % tonnes % Compared to Jan-Oct 11 USA 4 245 18.6% 11 165 36.7% 13 439 42.9% 5 417 28.4% 12 620 40.9% + 139% Argentina 6 164 27.0% 7 899 26.0% 7 888 25.2% 7 898 41.5% 9 223 29.9% + 37% Mexico 2 002 8.8% 1 893 6.2% 1 425 4.5% 556 2.9% 1 018 3.3% + 336% Albania 2 209 9.7% 1 659 5.5% 3 208 10.2% 1 303 6.8% 1 874 6.1% + 158% India 6 593 28.9% 5 776 19.0% 3 211 10.2% 1 505 7.9% 2 407 7.8% + 71% + 127% Israel 646 2.8% 711 2.3% 941 3.0% 547 2.9% 1 243 4.0% Canada 1 0.0% 33 0.1% 2 0.0% 0 0.0% 67 0.2% Brazil 64 0.3% 67 0.2% 0 0.0% 0 0.0% 0 0.0% EXTRA EU 25/27 % change 22 850 30 409 31 356 19 045 30 832 + 33% + 3% - 39% + 83.6% EU market situation for Eggs and Poultry Man Com 13 December 2012 EU Egg Imports Total EU Import of Eggs - not incl. Hatching eggs (Tonnes eggs equiv) 30 832 29 279 4 641 4 216 35 000 30 000 25 000 20 000 16 796 6 636 Total EU Import of Eggs - not incl. Hatching eggs (1000 EUR) 37 249 40 000 4 048 35 000 30 000 25 354 2 826 19 403 7 671 20 000 9 223 2 631 15 000 15 000 5 265 5 030 10 000 6 753 12 620 12 589 25 000 5 000 20 262 12 207 10 096 10 000 5 000 5 282 0 Jan-Oct 10 USA India Albania Jan-Oct 11 Jan-Oct 12 Argentina Canada Other destinations EU market situation for Eggs and Poultry 0 Jan-Oct 10 USA India Albania Man Com Jan-Oct 11 Jan-Oct 12 Argentina Canada Other destinations 13 December 2012 EU-27 Imports of selected EGGS products (including Hatching eggs) 8.000 in Tonnes egg equiv. 7.000 6.000 5.000 4.000 3.000 2.000 1.000 0 | Jan 06 2006 | Jan 07 FRESH 2007 | Jan 08 2008 Album in | Jan 09 2009 | Jan 10 2010 Not I n Shell EU market situation for Eggs and Poultry | Jan 11 2011 Yolk Man Com | Jan 12 Hachi ng 13 December 2012 EU Exports of Eggs: Trade Figures (Comext – tonnes egg equiv.) not incl. Hatching eggs 2008 tonnes 2009 % tonnes 2010 % tonnes 2011 % tonnes Compared Jan-Oct 12 % tonnes % to Jan-Oct 11 Japan 62 254 33% 47 238 31% 52 923 29% 65 982 30% 56 489 36% - 2% Sw itzerland 44 229 24% 43 499 29% 45 107 25% 42 152 19% 34 996 22% - 1% Russia 7 113 4% 4 360 3% 5 293 3% 4 947 2% 5 053 3% + 31% Angola 4 049 2% 4 019 3% 10 227 6% 17 498 8% 14 684 9% - 6% Libya 0 0% 40 0% 201 0% 226 0% 322 0% + 163% Thailand 6 190 3% 4 068 3% 6 180 3% 7 254 3% 5 709 4% - 6% Ukraine 7 250 4% 4 304 3% 5 693 3% 4 422 2% 3 432 2% - 8% Taiw an 4 624 2% 2 868 2% 7 145 4% 7 941 4% 4 240 3% - 38% South Korea 1 859 1% 1 948 1% 2 495 1% 4 379 2% 2 778 2% - 20% U.A.Emirates 9 436 5% 2 664 2% 5 864 3% 8 262 4% 1 582 1% - 78% Norw ay 1 805 1% 963 1% 570 0% 1 300 1% 882 1% - 15% Israel 6 002 3% 3 398 2% 1 308 1% 2 729 1% 997 1% - 57% EXTRA EU 25/27 % change 187 209 150 173 181 682 216 447 157 472 - 20% + 21% + 19% - 15.4% EU market situation for Eggs and Poultry Man Com 13 December 2012 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.) 186 239 200 000 180 000 144 537 160 000 72 779 140 000 120 000 50 565 120 000 52 652 5 145 100 000 80 000 34 996 37 664 160 000 56 994 70 111 140 000 45 038 35 212 200 000 180 000 157 472 143 707 186 104 175 776 100 000 80 000 53 272 60 000 53 952 47 079 60 000 40 000 40 000 57 594 42 722 56 489 29 989 38 621 Jan-Oct 10 Jan-Oct 11 20 000 49 394 20 000 0 0 Jan-Oct 10 Japan Jan-Oct 11 Switzerland Russia Jan-Oct 12 Angola Iraq Other destinations EU market situation for Eggs and Poultry Japan Switzerland Man Com Russia Jan-Oct 12 Angola Iraq Other destinations 13 December 2012 EU-27 Exports of selected EGGS products (including Hatching eggs) 30 000 in Tonnes egg equiv. 25 000 20 000 15 000 10 000 5 000 0 | Jan 06 2006 | Jan 07 2007 | Jan 08 2008 | Jan 09 2009 | Jan 10 2010 EU market for Eggs Not and In Poultry FRESH situation Albumin Shell | Jan 11 2011 Man YolkCom | Jan 12 13 December Haching 2012 EU Egg Trade Balance (not including Hatching eggs) 275 in 1000 Tonnes EXPORTS IMPORTS 250 231 225 216 209 201 205 198 191 186 198 202 200 187 182 175 167 164 157 150 144 150 142 125 100 69 75 39 18 23 10 30 27 18 17 25 45 50 30 30 31 23 16 31 19 25 0 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 EU market situation for Eggs and Poultry 2005 2006 2007 2008 Man Com 2009 2010 2011 JanOct 12 13 December 2012 Egg prices the EU, USAand Brazil in €uro/ 100kg 20 0,00 17 5,00 15 0,00 12 5,00 10 0,00 75 ,00 50 ,00 08 | 09 EU egg | 10 | 11 US egg €uro EU market situation for Eggs and Poultry | 12 BR Egg €uro (Ave World) Man Com 13 December 2012 |