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Tuesday, August 14, 2012
Thai Broiler Weekly: Local broiler price up as Thailand readies to ship salted chicken to Europe (week ended Aug 10, 2012)
A survey by the Thai Agriculture Ministry shows the price of live broiler up at THB38/kg (US$1.21/kg) from THB35/kg (US$1.11/kg) last week. The price had languished at THB35-36/kg (US$1.11-1.14/kg) since July when the EU delayed actual impo ...
Wednesday, August 8, 2012
Thai Broiler Weekly: Thai broiler producers scale down income projections amid price slump (week ended Aug 3, 2012)
Also blaming Saha Farm's "chicken dumping" for the current price depression, GFPT now projects a net profit of only THB35 million (US$ 1.11 million) for the year, down 90% from previous estimate of THB130 million (US$41.3 million), for its ...
Thursday, August 2, 2012
Thai Broiler Weekly: Thai chicken prices languish as export prospects to Europe dim (week ended Jul 20, 2012)
The University of the Thai Chamber of Commerce expects Thailand's goods exports to Europe to contract by 4.5% this year compared with last year's growth of 12%. Aside from chicken, Thailand's major exports to the EU include electronics, raw ...
Wednesday, August 1, 2012
Thai Broiler Weekly: Farm price of Thai chicken falls anew on lingering oversupply (week ended Jul 27, 2012)
Thailand's live broiler prices weakened anew this week, slipping back to THB35/kg (US$1.11/kg) on the average, as inventory piles up pending the resumption of frozen chicken exports to Europe next month. Local consumption has not been of an ...
Tuesday, July 24, 2012
Thai Broiler Weekly: Thai chicken prices flat on weak demand due to rains (week ended Jul 13, 2012)
The OAE said chicken meat consumption during the week had been sluggish because of heavy rains in Thailand's north and northeast due to a storm in the area between China and Vietnam. Pouring rain normally deter people from going to the mark ...
Wednesday, July 18, 2012
Thai Broiler Weekly: Thai broiler price down as Europe's debt crisis deepens (week ended Jun 29, 2012)
In March, live-broiler prices in Thailand plunged THB24/kg ($.78/kg) on the average, its lowest since February 2007, due to oversupply resulting from industry-wide capacity expansion and a decline in domestic consumption. But after the EU a ...
Friday, July 13, 2012
Thai Broiler Weekly: EU delays by nearly two months entry of raw chicken from Thailand (week ended Jul 6, 2012)
The EU announced in April the lifting of the import ban on frozen or raw chicken from Thailand by July 1. The ban had been in place since 2004 in the aftermath of the Asian bird-flu epidemic. Analysts at Charoen Pokphand Foods (CPF), Thaila ...
Wednesday, July 4, 2012
Thai Broiler Weekly: Thai broiler price down as Europe's debt crisis deepens (week ended Jun 22, 2012)
Despite two straight weeks of price declines, Thai broiler prices are not expected to slip back to March level when the farm price of live chicken plunged to THB24/kg (US$0.76), its lowest since 2007, due to oversupply. With the scheduled l ...
Monday, June 25, 2012
Thai Broiler Weekly: Lower pork prices pull down farmgate price of Thai chicken (week ended Jun 15, 2012)
The stocking up has wound down during the last few weeks, easing up domestic chicken demand. Thailand expects its chicken exports to grow THB10 billion (about US$317 million) this year after the EU decided to lift its eight-year ban on the ...
Tuesday, June 19, 2012
Thai Feed Weekly: Thai corn hits 13-month high on strong demand from broiler sector (week ended Jun 11, 2012)
As Thailand prepares to resume raw chicken export to Europe next month, an uptick in feed demand by broiler farms has pushed local corn prices to their highest level in 13 months. Adding pressure to the supply situation is the current drop ...
Tuesday, June 19, 2012
Thai Broiler Weekly: Declining pork prices could pull chicken prices down (week ended Jun 8, 2012)
A week ago, GFPT, one of the country's leading broiler exporters, predicted the farm price of live chicken to hit THB45/kg (US$1.42/kg) "on tighter supply brought about by the resumption of raw chicken exports to the EU" beginning July and ...
Wednesday, June 6, 2012
Thai Broiler Weekly: Thailand signify bid to enter US chicken market (week ended Jun 1, 2012)
GFPT bases its THB45/kg projection "on tighter supply brought about by the resumption of raw chicken exports to the EU" beginning next month. It also expects the export price of processed chicken to rise in the third quarter on st ...
Wednesday, May 30, 2012
Thai Broiler Weekly: Higher UK imports seen to boost Thai chicken prices (week ended May 25, 2012)
The UK is host of this year's Summer Olympics slated for July 27-Aug 17 and about 4 million people from around the world are expected to visit the country during the period to watch the games. To feed both athletes and visitors, the UK is e ...
Friday, May 25, 2012
Thai Broiler Weekly: Higher wage costs cast shadow on Thai broiler's bright export opportunities (week ended May 18, 2012)
While the ban has yet to be lifted, exporters have already begun stocking up on supplies, driving chicken prices up during the last few weeks. Other companies, including Charoen Pokphand Foods (CPF), are in fact also preparing to export fro ...
Monday, May 21, 2012
Thai Broiler Weekly: CPF expects Japan to lift ban on Thai frozen chicken later this year (week ended May 11, 2012)
In March, live broiler prices dropped to THB24/kg ($0.77/kg), its lowest since 2007, due to oversupply caused by industry-wide capacity expansion and a decline in domestic consumption. CPF, the country's number one broiler producer, attribu ...
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