Prolonged decline in Thailand's chicken prices causes CPF's weak 2012 performance (week ended February 22, 2013)
The new EU quota of 92,000 tonnes will support chicken prices, which is currently about THB37-38/kg (US$1.23-US$1.26). This is still lower than the record price of THB 45-50/kg (US$1.50-1.66/kg) in 2011, when the cost of production increased 20-30%. The local market for food processing of poultry products has undergone ...