EU Market Situation for Eggs Management Committee 19 September 2013 2013.

EU Market Situation for Eggs

Management Committee

19 September 2013

2013

EU market situation for Eggs Man Com 19 September 2013

85

105

125

145

165

185

1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52

€uro

/ 1

00

kg

Evolution of the weekly EU average price for Eggs for Consumption

Moy.08-12 2010 2011 2012 2013


0.00

40.00

80.00

120.00

160.00

200.00

| 2011 | 2012 | 2013 |

€u

ro/ 1

00

kg

Prices for Eggs for consumption and Eggs for breaking 2011 - 2013

Eggs for Consumption US breaking (high)

EU Barn cage free breaking (high) EU Enriched cage breaking (high)


0.0

20.0

40.0

60.0

80.0

100.0

120.0

1|

4 7 10 13 16 19 22 25 282012

31 34 37 40 43 46 49 52 3 6 9 12 15 18 21 24 272013

30 33 36 39 42 45 48 51

Maximum weekly prices for individual egg products

in the EU and the USA in €/10kg

whole plain EU whole plain US Yolk EU

Yolk US Albumen Spray EU Albumen Spray US


0,00

2,00

4,00

6,00

8,00

10,00

12,00

14,00

| 2011 | 2012 | 2013 |

EMA (DE) Price communication for certain Egg products (€/ kg)

Egg AlbumineCristalined Frozen3502 1990 sugaradded

Egg Albumine dried3502 1190 Innland

Yolk dried0408 1180

Whole egg dried'0408 9180no sugar added

Yolk frozen & salted0408 1989sugar added


50

150

250

350

450

Jan April Juil Oct Jan April Juil Oct Jan Apr Jul Oct Jan

Euro

/ ton

ne

Price of Basic Ingredients 2011 - 2013

Soft wheat (EU)

Barley (EU)

Maïs (EU)

Soja (CAF)

Hulls (EU)

Manioc (CAF)

C.G.F. (CAF)


160

180

200

220

240

260

| July | Aug | Sep | Oct | Nov | Dec |Jan 2013| Feb | Mrt | Apr | May | Jun | July | Aug | Sep | Oct | Nov | Dec |

€/T

on

n

Futures for Maize EU (Euronext) (Nearby = 2012 - 2013)

Nearby

2013 Nov

2014 Mar

2014 Jan

Delivery:


135

165

195

225

| July | Aug | Sep | Oct | Nov | Dec |Jan 2013| Feb | Mrch | Apr | May | June | July | Aug | Sep | Oct | Nov | Dec |

€u

ro/

To

nn

Futures for Feed wheat EU (Euronext) (Nearby = 2012 & 2013)

01 Nearby

2013 Jul

2013 Nov

2014 Jan

Delivery:


1 100

1 200

1 300

1 400

1 500

1 600

1 700

| July | Aug. | Sept. | Oct. | Nov. | Dec. |Jan 2013| Feb | Mch | Apr | May | Jun | July | Aug. | Sept. | Oct. | Nov. | Dec. |

Futures for Soybeans in US$ct/ Bushel (nearby = 2012 & 2013)

01 Nearby

2013 Sept

2013 Nov

2014 Mar

Delivery:


0

30

60

90

120

150

180

04 05 06 07 08 09 10 11 12 ja fe mr ap ma jn jl au se oc no de

Euro

/ 10

0kg

Margin between Feed cost and Egg price in Egg production

marge

Marge 2007 - 2011

feed

egg


0

20

40

60

80

100

120

1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49 51 53

Rem

aind

er

€uro

/ 100

kg

100KG Egg minus feedcost for Laying Hensfeedconversionrate = 2.7

Marge Average08 - 12

Marge Egg 2011 Marge Egg 2012 Marge Egg 2013


0

7 500

15 000

22 500

30 000

37 500

| 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 |

Placings of Laying chicks (1 000 pieces)compared to the baseline trend

(baseline= monthly avg 2006 - 2009)

Jan. Febr. March April May June July Aug2012 27 236 27 439 31 358 30 153 30 780 29 566 28 935 24 6902013 28 540 25 224 29 456 29 822 28 157 28 446 29 603

% +4,8% -8,1% -5,8% -1,1% -8,5% -3,8% +2,3%


0

40

80

120

160

4 000

5 500

7 000

8 500

| 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 |

Pric

e

€uro

/100kg

Production forecast ofeggs in shell (Mio p).

compared to the price development

Jan. Fav. Mar. April May June July Aug S ept Oct Nov Dec2012 7 793 7 752 7 743 7 696 7 666 7 687 7 730 7 849 7 939 7 991 8 030 8 0442013 8 055 8 123 8 126 8 084 8 074 8 145 8 158 8 151 8 200 8 202 8 139 8 264

% +3.4% +4.8% +4.9% +5.1% +5.3% +6.0% +5.5% +3.8% +3.3% +2,6% +1,4% +2,7%


-40.0%

-30.0%

-20.0%

-10.0%

0.0%

10.0%

20.0%

30.0%

40.0%

Jan

-12

Fe

b-1

2

Ma

r-1

2

Ap

r-1

2

Ma

y-1

2

Jun

-12

Jul-

12

Au

g-1

2

Se

p-1

2

Oct

-12

No

v-1

2

De

c-1

2

Jan

-13

Fe

b-1

3

Ma

r-1

3

Ap

r-1

3

Ma

y-1

3

Jun

-13

Percentual change of laying hens placings compared to the same 2 month of the year before

(2 months' average)

EU

DE

ES

FR

IT

NL


Compared

tonnes % tonnes % tonnes % tonnes % tonnes % to Jan-Jul 12

Argentina 7 899 26.0% 7 889 24.0% 8 088 40.0% 9 963 28.1% 4 369 34.1% - 41%

USA 11 165 36.7% 14 009 42.6% 5 956 29.5% 14 246 40.2% 3 944 30.7% - 63%

India 5 776 19.0% 3 211 9.8% 1 554 7.7% 3 657 10.3% 2 077 16.2% + 55%

Albania 1 659 5.5% 3 208 9.7% 1 303 6.4% 2 118 6.0% 294 2.3% - 76%

Israel 711 2.3% 941 2.9% 547 2.7% 1 393 3.9% 224 1.7% - 72%

Mexico 1 893 6.2% 1 263 3.8% 556 2.7% 1 018 2.9% 1 0.0% - 100%

Canada 33 0.1% 2 0.0% 0 0.0% 67 0.2% 0 0.0% - 100%

Brazil 67 0.2% 0 0.0% 0 0.0% 0 0.0% 0 0.0%

EXTRA EU 25/27 30 409 32 909 20 219 35 395 12 829

% change + 8% - 39% + 75% - 48.2%

2009 2010 2011 Jan-Jul 132012

EU Imports of Eggs:Trade Figures (Comext – tonnes egg equiv.) not incl. Hatching eggs


EU Egg Imports

3 810

10 521

3 944

3 795

7 349

4 369

1 934

3 518

1 92111 294

24 751

12 829

0

5 000

10 000

15 000

20 000

25 000

30 000

Jan-Jul 11 Jan-Jul 12 Jan-Jul 13

Total EU Import of Eggs - not incl. Hatching eggs(Tonnes eggs equiv)

USA Argentina India Israel Albania Other destinations

7 683

16 305

9 016

2 957

5 849

4 6102 032

1 89514 091

28 709

18 442

0

5 000

10 000

15 000

20 000

25 000

30 000

35 000


Total EU Import of Eggs - not incl. Hatching eggs(1000 EUR)

USA Argentina India Israel Albania Other destinations


Compared

tonnes % tonnes % tonnes % tonnes % tonnes % to Jan-Jul 12

Japan 47 238 31% 52 923 29% 66 357 31% 66 424 36% 34 025 29% - 11%

Switzerland 43 499 29% 45 072 25% 42 168 19% 41 881 23% 24 431 21% - 0%

Angola 4 019 3% 10 414 6% 17 524 8% 17 176 9% 8 546 7% - 15%

Russia 4 360 3% 5 293 3% 4 947 2% 5 982 3% 6 190 5% + 110%

Thailand 4 068 3% 6 180 3% 7 254 3% 6 409 3% 3 500 3% + 13%

Ukraine 4 304 3% 5 621 3% 4 422 2% 4 298 2% 2 112 2% + 4%

South Korea 1 948 1% 2 495 1% 4 379 2% 3 386 2% 1 980 2% + 2%

U.A.Emirates 2 664 2% 5 888 3% 8 262 4% 1 674 1% 4 557 4% + 376%

Taiwan 2 868 2% 7 145 4% 7 941 4% 4 626 2% 2 346 2% - 32%

Israel 3 398 2% 1 308 1% 2 654 1% 1 060 1% 440 0% - 40%

Norway 963 1% 570 0% 1 300 1% 923 0% 294 0% - 61%

Libya 40 0% 201 0% 226 0% 363 0% 297 0% + 58%

EXTRA EU 25/27 150 173 181 933 217 397 185 050 115 819

% change + 21% + 19% - 15% + 8.3%

2009 2010 2011 Jan-Jul 132012

EU Exports of Eggs:Trade Figures (Comext – tonnes egg equiv.) not incl. Hatching eggs


39 199 38 051 34 025

24 717 24 50424 431

43 93428 299 39 126

124 647

106 992115 819

0

20 000

40 000

60 000

80 000

100 000

120 000

140 000


Total EU Export of Eggs not incl. hatching eggs (T. eggs equiv.)

Japan Switzerland Russia Angola Thailand Other origins

26 136 30 834 35 260

33 21135 797

41 739

6 664

42 58035 818

48 775116 782 121 152

146 070

0

20 000

40 000

60 000

80 000

100 000

120 000

140 000

160 000


Total EU Export of Eggs not incl. hatching eggs (1000 EUR)

Japan Switzerland Russia Angola Thailand Other origins

EU Egg Exports


1018

23 18 1727

16

30

69

25 3039

45

2330 33

20

35

13

144

164

186

209

231

201 205

191

142

198 198 202

167

187

150

182

217

185

116

0

25

50

75

100

125

150

175

200

225

250

275

1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Jan-Jul13

in 1000 TonnesIMPORTS EXPORTS

EU Egg Trade Balance (not including Hatching eggs)


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09 | 10 | 11 | 12 | 13 |

Egg prices the EU, USA and Brazilin €uro/ 100kg

EU egg US egg €uro BR Egg €uro (Ave World)

EU Market Situation for Eggs Management Committee 19 September 2013 2013.

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