By Charlie Reeve
EU broiler prices have been on an upwards trajectory since the start of the year and are currently 11.2% higher than the same week last year.
This has culminated in EU broiler prices reaching a new record high of 301.7 eurocents a kg in late June.
Broiler prices in the European Union are also up by 4% compared with month earlier levels.
The price gap between prices in the EU and the US has widened, with the US currently at the equivalent to almost a 40 eurocents a kg discount.
The US broiler price has fallen by roughly 20 eurocents a kg since the start of the year and averaged 263 eurocents a kg in late June.
Meanwhile, prices in Brazil have slumped considerably in the last month to just 119 eurocents a kg and remain at a significant discount to the wider global market.
Poultry production
EU poultry production edged slightly higher in May, with volumes reaching roughly 830,000 tonnes, according to the latest figures from the European Commission.
Despite the lift on the previous month, output remained marginally behind the levels recorded in May last year.
Looking ahead, EU poultry production is on track to exceed 14 million tonnes in 2025 for the first time.
Consumption is also expected to grow, approaching 13 million tonnes.
The EU remains firmly self-sufficient in poultry meat, operating at 108% self-sufficiency.
Export volumes also remain strong, with 351,000 tonnes of poultry meat shipped in the first two months of the year alone.
The UK continues to lead as the top destination for EU poultry exports, taking in just under 120,000 tonnes during January and February.
EU egg production
Since peaking in April, EU egg prices have been in decline with a further 3% fall during June.
However, prices are still up by 30% compared with this time last year.
Eggs averaged 258 eurocents a kg in Mid-June, having contracted by a further 0.5% in the last week.
Egg prices in the US continue to outperform the EU market, however the gap has started to tighten as the US egg price falls back to the equivalent to 377 eurocents a kg.
The UK retained its position as the EU’s largest export destination for eggs in the opening months of 2025, importing 23,600 tonnes between January and February.
At the same time, EU egg imports saw a sharp year-on-year rise, reaching approximately 26,000 tonnes, a 60% increase compared to the same period in 2024.