EU Market Situation for Eggs and Poultry Management Committee 17 January 2012 Evolution of the weekly EU average price for Broiler €uro/ 100kg 200 190 180 170 160 150 1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52 Avg 08 - 12 2010 EU market situation for Eggs and Poultry 2011 Man Com 2012 2013 17 January 2013 19,0% Percentual change of Broiler prices December 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 17 January 2013 EU Price of Basic Ingredients 2010 - 2013 Soft wheat (EU) Barley (EU) Maïs (EU) 450 Soja (CAF) Hulls (EU) Euro / tonne Manioc (CAF) C.G.F. (CAF) 350 250 150 50 Juil Oct Jan-11 April Juil Oct Jan-12 EU market situation for Eggs and Poultry April Juil Man Com Oct Jan Apr 17 January 2013 Futures for Feed w heat EU (Euronext) (Nearby = 2012 & 2013) €uro/ Tonn 210 180 Delivery: 150 01 Nearby 2013 Jan 2013 Mar 2013 Nov 120 Jan | 2012| Feb | Mrch | Apr | May | June | July | Aug | Sep | Oct | Nov | Dec Jan | 2013| Feb | Mrch | Apr | May | June | EU market situation for Eggs and Poultry Man Com 17 January 2013 Futures for Maize EU (Euronext ) (Nearby = 2012 - 2013) 260 240 €/Tonn 220 Delivery: 200 01 Nearby 2013 Mar 180 2013 Nov 2014 Jan 160 Jan | 2012 | Feb | Mrt | Apr | May | Jun | July | Aug | Sep | Oct | Nov | DecJan | 2013 | Feb | Mrt | Apr | May | Jun | EU market situation for Eggs and Poultry Man Com 17 January 2013 Futures for Soybeans in US$ct/ Bushel (nearby = 2012 & 2013) 1.700 1.600 1.500 1.400 De live ry: 1.300 01 Nearby 2013 Mar 2013 Jul 1.200 2013 Nov 1.10 0 J| an 2012| Feb | Mch | Apr | May | Jun | July | Aug. | Sept. | Oct. | Nov . | Dec. |J an 2013| Feb | Mch | Apr | May | EU market situation for Eggs and Poultry Man Com 17 January 2013 Jun | 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 17 January 2013 | 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 17 January 2013 | 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 | Forecast 2009 | 2010 | 2011 | 2012 | Realised Po ultry slaug hter EU market situation for Eggs and Poultry Man Com 17 January 2013 Realised slaughter in 1000 T 750.000 Import of Poultry meat from selected origins 2008 tonnes 2009 % tonnes 2010 % tonnes 2011 % tonnes Jan-Nov 12 % tonnes % Compared to Jan-Nov 11 Brazil 679.469 76,3% 659.368 75,3% 581.391 72,4% 587.404 71,0% 522.652 66,8% - 6% Thailand 146.882 16,5% 141.524 16,2% 149.682 18,6% 154.229 18,6% 179.679 23,0% + 25% Chile 34.718 3,9% 39.022 4,5% 34.276 4,3% 44.306 5,4% 39.818 5,1% - 1% China 15 0,0% 5.690 0,6% 9.997 1,2% 13.735 1,7% 14.343 1,8% + 12% 20.416 2,3% 20.576 2,3% 15.760 2,0% 15.630 1,9% 12.715 1,6% - 11% Israel 6.252 0,7% 5.470 0,6% 7.249 0,9% 7.084 0,9% 4.982 0,6% - 23% Croatia 1.884 0,2% 2.295 0,3% 2.650 0,3% 2.714 0,3% 2.561 0,3% + 4% USA 393 0,0% 386 0,0% 439 0,1% 99 0,0% 354 0,0% + 261% Uruguay 109 0,0% 98 0,0% 2 0,0% 7 0,0% 36 0,0% + 442% Argentina EXTRA EU 25/27 % change 891.087 875.886 803.120 827.420 782.179 - 2% - 8% + 3% + 0,4% EU market situation for Eggs and Poultry Man Com 17 January 2013 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 17 January 2013 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) 900.000 778.934 738.389 782.179 2.500.000 800.000 2.038.287 700.000 143.444 137.959 179.679 600.000 500.000 400.000 557.344 534.186 522.652 2.000.000 1.793.436 300.000 Tonnes cw 6.723 2.040.414 200.000 622.543 554.802 707.992 1.500.000 1.000.000 1000 EUR 1.053.209 1.190.580 1.093.414 Jan-Nov 11 Jan-Nov 12 500.000 100.000 0 Jan-Nov 10 Brazil Jan-Nov 11 Thailand Israel Chile Jan-Nov 12 China Other destinations EU market situation for Eggs and Poultry 0 Jan-Nov 10 Brazil Thailand Israel Man Com Chile China Other destinations 17 January 2013 Export of Poultry Meat to Selected Destinations 2008 tonnes 2009 % tonnes 2010 % tonnes 2011 % tonnes Compared Jan-Nov 12 % tonnes % to Jan-Nov 11 Saudi Arabia 95.132 9,7% 97.485 9,6% 118.020 9,3% 151.269 10,7% 135.625 10,3% Hong Kong 58.669 6,0% 88.357 8,7% 151.559 12,0% 188.345 13,3% 116.197 8,8% - 35% Benin 83.405 8,5% 84.912 8,4% 115.065 9,1% 126.022 8,9% 128.388 9,7% + 12% 6.295 0,6% 7.938 0,8% 22.007 1,7% 94.163 6,7% 122.565 9,3% + 47% 245.478 19,4% 115.001 8,1% 105.178 8,0% + 0% 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% 95.747 7,3% + 31% Ghana 31.530 3,2% 28.694 2,8% 41.069 3,2% 68.896 4,9% 63.830 4,8% - 1% Yemen 26.673 2,7% 36.331 3,6% 39.632 3,1% 37.970 2,7% 32.224 2,4% - 5% Congo (Dem. Rep.) 21.386 2,2% 20.903 2,1% 27.749 2,2% 29.950 2,1% 30.457 2,3% + 13% Switzerland 28.200 2,9% 28.111 2,8% 29.804 2,4% 29.330 2,1% 26.666 2,0% + 1% Malaysia 17.888 1,8% 22.676 2,2% 25.899 2,0% 20.965 1,5% 22.306 1,7% + 24% Vietnam 39.488 4,0% 39.971 3,9% 31.674 2,5% 29.086 2,1% 18.630 1,4% - 32% Extra-EU27 % change 982.286 1.015.784 1.265.183 1.411.142 1.317.556 + 3% + 25% + 12% + 1,8% EU market situation for Eggs and Poultry Man Com 17 January 2013 Exports of selected Poultry products 160.000 140.000 120.000 100.000 in 80.000Tonnes cwe 60.000 40.000 20.000 | Jan 06 2006 | Jan 07 2007 | Jan 08 FROZEN 2008 | Jan 09 2009 | Jan 10 PREPARED EU market situation for Eggs and Poultry 2010 FRESH | Jan 11 2011 | Jan 12 0 OTHERS Man Com 17 January 2013 EU Poultry meat Export EU EXPORTS of Poultry Meat (Tonnes cwe) 1.317.556 1.883.562 1.400.000 1.681.135 1.147.979 1.800.000 1.200.000 1.600.000 1.429.112 709.604 553.335 800.000 228.569 104.931 114.490 105.178 106.930 138.926 135.625 128.388 122.565 136.518 179.992 Jan-Nov 10 Jan-Nov 11 Hong Kong Benin 1.000.000 South Africa Russia 116.197 600.000 1.066.619 799.336 1.000.000 132.011 140.266 400.000 200.000 0 Jan-Nov 12 Saudi Arabia Other destinations * 158.740 800.000 174.220 600.000 117.918 207.028 205.490 400.000 162.714 140.577 137.916 200.000 125.106 Jan-Nov 10 Jan-Nov 11 Jan-Nov 12 Hong Kong South Africa * countries trading less than 96 000 Tons EU market situation for Eggs and Poultry 1.400.000 1.200.000 959.760 Tonnes cw 673.028 2.000.000 Saudi Arabia Benin 1000 EUR 1.294.866 EU EXPORTS of Poultry Meat (1000 EUR) 0 Russia Other destinations * * countries trading less than 1 884 000 ('000 EUR) Man Com 17 January 2013 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 09 | EU broiler 10 | 11 US broi l er €uro EU market situation for Eggs and Poultry | 12 | 13 BR Broi l €uro/ (Ave worl d) Man Com 17 January 2013 | EU Poultry meat Trade Balance 1.600 IMPORTS EXPORTS 1.411 1.318 1.275 1.153 1.265 1.200 1.114 1.063 1.046 1.017 997 997 982 858867 891 1.016 1.000 876 803 794 827 782 800 676 614 616 600 480 371 302 277 292 400 310 in 1000 Tonnes cwe 1.101 1.116 1.400 200 1997 1998 1999 2000 2001 2002 2003 2004 2005 EU market situation for Eggs and Poultry 2006 2007 2008 2009 Man Com 2010 2011 JanNov 12 0 17 January 2013 2002 2003 2004 2005 EU Market Situation for Eggs 2006 2007 2010 Management Committee 2011 2008 2009 17January 2013 2012 2013 Evolution of the weekly EU average price for Eggs for Consumption 185 €uro/ 100kg 165 145 125 105 85 1 4 7 Avg 08 - 12 10 13 16 19 22 25 2010avg EU market situation for Eggs and Poultry 28 31 34 37 2011 Man Com 40 2012 43 46 49 52 2013 17 January 2013 Percentual change of Egg prices December 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 17 January 2013 EU Prices for Eggs for consumption and Eggs for breaking 2011 - 2013 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 48 51 2 5 8 11 14 17 20 23 26 29 32 35 38 41 44 47 50 78,3 % increase for Eggs now for Breaking from week 1 2011 to week 2 of 2013 50,4% increase for Eggs for Consumption from week 1 2011 to week 1 of 2013 Yellow difference is barn high minus enriched cage low, Enr. Cage low Enr. Cage high Cage Free EU market situation for Eggs and Poultry Eggs for Consum ption Man Com US High breaking 17 January 2013 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 04 05 06 07 08 09 10 11 12 ja fe mr ap ma jn EU market situation for Eggs and Poultry Man Com jl au se oc no de 17 January 2013 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 | 2009 EU market situation for Eggs and Poultry | 2010 Man Com | 2011 | 2012 17 January 2013 | 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 | 17 January 2013 Price €uro/100kg 120 EU Imports of Eggs: Trade Figures (Comext – tonnes egg equiv.) not incl. Hatching eggs 2008 tonnes 2009 % tonnes 2010 % tonnes 2011 % tonnes Jan-Nov 12 % tonnes % Compared to Jan-Nov 11 USA 4.245 18,6% 11.165 36,7% 13.439 42,9% 5.417 28,4% 13.896 41,5% + 138% Argentina 6.164 27,0% 7.899 26,0% 7.888 25,2% 7.898 41,5% 9.446 28,2% + 27% Mexico 2.002 8,8% 1.893 6,2% 1.425 4,5% 556 2,9% 1.018 3,0% + 221% Albania 2.209 9,7% 1.659 5,5% 3.208 10,2% 1.303 6,8% 2.059 6,1% + 83% India 6.593 28,9% 5.776 19,0% 3.211 10,2% 1.505 7,9% 3.109 9,3% + 107% + 136% Israel 646 2,8% 711 2,3% 941 3,0% 547 2,9% 1.293 3,9% 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 33.524 + 33% + 3% - 39% + 78,1% EU market situation for Eggs and Poultry Man Com 17 January 2013 EU Egg Imports Total EU Import of Eggs - not incl. Hatching eggs (Tonnes eggs equiv) 33.524 31.805 4.947 4.402 40.000 40.924 35.000 4.348 27.637 18.828 2.901 9.446 2.941 20.000 30.000 21.412 7.874 6.040 22.363 10.000 13.896 5.000 13.331 10.960 0 Jan-Nov 11 Jan-Nov 12 USA Argentina India Canada Albania Other destinations EU market situation for Eggs and Poultry 10.000 5.000 5.837 Jan-Nov 10 25.000 15.000 5.544 13.570 40.000 20.000 15.000 7.466 45.000 35.000 30.000 25.000 7.718 Total EU Import of Eggs - not incl. Hatching eggs (1000 EUR) 0 Jan-Nov 10 Jan-Nov 11 Jan-Nov 12 USA Argentina India Canada Albania Other destinations Man Com 17 January 2013 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 Albumin | Jan 09 2009 | Jan 10 2010 Not In Shell EU market situation for Eggs and Poultry | Jan 11 2011 Yolk Man Com | Jan 12 Haching 17 January 2013 EU Exports of Eggs: Trade Figures (Comext – tonnes egg equiv.) not incl. Hatching eggs 2008 tonnes 2009 % tonnes 2010 % tonnes 2011 % tonnes Compared Jan-Nov 12 % tonnes % to Jan-Nov 11 Japan 62.254 33% 47.238 31% 52.923 29% 65.982 30% 61.724 36% - 0% Sw itzerland 44.229 24% 43.499 29% 45.107 25% 42.152 19% 38.603 22% - 0% Russia 7.113 4% 4.360 3% 5.293 3% 4.947 2% 5.606 3% + 22% Angola 4.049 2% 4.019 3% 10.227 6% 17.498 8% 16.545 10% - 3% Libya 0 0% 40 0% 201 0% 226 0% 344 0% + 52% Thailand 6.190 3% 4.068 3% 6.180 3% 7.254 3% 6.204 4% - 8% Ukraine 7.250 4% 4.304 3% 5.693 3% 4.422 2% 3.888 2% - 9% Taiw an 4.624 2% 2.868 2% 7.145 4% 7.941 4% 4.428 3% - 38% South Korea 1.859 1% 1.948 1% 2.495 1% 4.379 2% 3.108 2% - 23% U.A.Emirates 9.436 5% 2.664 2% 5.864 3% 8.262 4% 1.599 1% - 80% Norw ay 1.805 1% 963 1% 570 0% 1.300 1% 883 1% - 27% Israel 6.002 3% 3.398 2% 1.308 1% 2.729 1% 1.037 1% - 57% EXTRA EU 25/27 % change 187.209 150.173 181.682 216.447 172.553 - 20% + 21% + 19% - 15,2% EU market situation for Eggs and Poultry Man Com 17 January 2013 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.) 250.000 250.000 206.891 203.589 193.500 164.132 200.000 200.000 172.553 163.781 79.857 77.588 150.000 48.864 62.653 150.000 58.779 61.382 5.749 100.000 100.000 38.745 59.523 38.603 41.180 58.832 51.801 50.000 50.000 61.796 47.816 61.724 33.501 41.517 Jan-Nov 10 Jan-Nov 11 54.712 0 0 Jan-Nov 10 Japan Jan-Nov 11 Switzerland Russia Jan-Nov 12 Angola Iraq Other destinations EU market situation for Eggs and Poultry Japan Switzerland Man Com Russia Jan-Nov 12 Angola Iraq Other destinations 17 January 2013 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 andIn Poultry FRESH situation Albumin Shell | Jan 11 2011 | Jan 12 Man 17 January 2013 Yolk Com Haching EU Egg Trade Balance (not including Hatching eggs) 275 in 1000 Tonnes EXPORTS IMPORTS 250 231 225 216 209 201 205 198 191 186 198 202 200 187 182 173 167 164 175 150 144 150 142 125 100 69 75 39 18 23 30 27 18 17 1998 1999 2000 2001 10 25 45 50 23 16 34 31 30 30 19 25 0 1995 1996 1997 2002 2003 2004 EU market situation for Eggs and Poultry 2005 2006 2007 2008 Man Com 2009 2010 2011 JanNov 12 17 January 2013 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 09 | 10 EU egg | 11 US egg €uro EU market situation for Eggs and Poultry | 12 | 13 BR Egg €uro (Ave World) Man Com 17 January 2013 |