The coronavirus effect has reached the poultry market

By: Trademagazin editor Date: 2020. 08. 19. 11:45

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In the recent period, the transfer price of poultry products has decreased by an average of 5-10 percent compared to last year – Csorbai Attila, Chairman and Director of the Poultry Products Council, told InfoRádió. The European Association of Poultry Slaughterhouses and Traders estimates that chicken meat production could fall by 3 percent and turkey meat production by 5 percent this year.

By mid-August, the impact of the coronavirus pandemic was really noticeable in the poultry industry, although due to the summer barbecue season, this is also a key period in this sector. As a result, the sector is really sensitive to the fact that the fall in incomes as a result of the economic crisis caused by the coronavirus has also dampened demand for poultry products, and prices have fallen across Europe this year due to bird flu as well. (infostart.hu, Rozgonyi Ádám)