Advisory Group Poultry 19 March 2010 Market situation principal feed stuffs.

Advisory Group Poultry

19 March 2010

Market situation principal feed stuffs

Advisory Group Poultry - 19 March 2010 2

Wheat, soybean &rapeseed futures


EU cereal production

Soft wheat 140.4 130.4 131.1 0.5%

Durum wheat 10.0 8.9 8.9 0.1%

Barley 65.6 62.0 57.2 -7.8%

Maize 63 56.1 59.4 5.8%

Rye 9.3 9.9 8.5 -14.0%

Oats 9.0 8.5 8.4 -1.8%

…Total cereals 313.7 293.9 290.7 -1.1%

2008/2009 2009/2010 Comparison 09/10-10/11

2010/2011 forecast


EU Barley prices since 01/01/2008

98

100

103

80

130

180

230

2802/

01/2

008

21/0

2/20

0811

/04/

2008

31/0

5/20

0820

/07/

2008

8/09

/200

828

/10/

2008

17/1

2/20

085/

02/2

009

27/0

3/20

0916

/05/

2009

5/07

/200

924

/08/

2009

13/1

0/20

092/

12/2

009

21/0

1/20

10

qu

ota

tio

ns

in E

UR

€ Dlvd Rouen feed € FOB UK feed € Black Sea feed FOB


EU intervention : breakdown of 2009/2010 quantities accepted and under offer (4.1 mio t)

0

200000

400000

600000

800000

1000000

Ton

nes

DE FR FI CZ PL HU SK LT SE UK EE RO LV BG DK AT BE

Barley

Wheat


EU maize prices since 1/1/2008

166

121

128

117

50

100

150

200

250

300

03/0

1/08

21/0

2/08

10/0

4/08

29/0

5/08

17/0

7/08

04/0

9/08

23/1

0/08

11/1

2/08

05/0

2/09

24/0

3/09

13/0

5/09

01/0

7/09

19/0

8/09

07/1

0/09

25/1

1/09

13/0

1/10

24/0

2/10

qu

ota

tio

ns

in

$ a

nd

EU

R/t

$ USYC Gulf FOB € USYC Gulf FOB€ Dlvd Bordeaux € Budapest


28,9 28,5

21,420,6

6,6 6,9

0,9 0,80,12 0,13

0

5

10

15

20

25

30

Mill

ion

to

nn

es

OilseedsTotal

Oilseedrape

Sunflowerseed

Soybeans Linseed

2009/2010 2010/2011

EU27 Oilseeds productionForecast 1,6% decrease in EU27 oilseed production in 2010/2011


World soya production

U.S.A.

91,47

Brazil

65,50

Argentina

52,00

253,76

0

50

100

150

200

250

300

2005/2006 2006/2007 2007/2008 2008/2009 2009/2010 F

Millio

n t

on

ne

s

U.S.A. Brazil Argentina China, P.R. India

Paraguay Canada EU-27 Other S. Hem. . Other N. Hem. .


EU soya import and export - 1999/2011

EU soymeal and soybean (in meal equivalent) trade by marketing year

-40

-35

-30

-25

-20

-15

-10

-5

0

5

99/00 00/01 01/02 02/03 03/04 04/05 05/06 06/07 07/08 08/09 09/10 10/11

Mill

ion

tonn

es

Import soybean (meal equivalent) Export soybean (meal equivalent)Import soymeal Export soymeal


EU oilseed meal consumption

EU27 Consumption of oilseed meals 2003/04 - 2010/11 (F)

Rape meal 12,1

Soya meal30,2

Sunflower meal 5,5

0,0

5,0

10,0

15,0

20,0

25,0

30,0

35,0

40,0

2003/04 2004/05 2005/06 2006/07 2007/08 2008/09 2009/10 e 2010/11f

Millio

n t

on

nes


EU soya meal price

Soya pellets 44/45% Arg. (cif R'dam)

2008/09

2006/07

2009/10

2007/08

140160180200220240260280300320340

July

Aug

Sept

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Ju

n

€/t

on

ne


EU rapeseed meal prices

Rapeseed meal (fob Hamburg)

2006/07

2007/08

2008/092009/10

80

100

120

140

160

180

200

220

240

July

Aug

Sept

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Ju

n

€/t

on

ne


EU Sun Pellet prices

Sun Pellets (37/38%) Arg. (Cif R'dam)

2006/07

2008/09

2007/08

2009/10

80

100

120

140

160

180

200

220

240

July

Aug

Sept

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Ju

n

€/t

on

ne


Thank you for your attention

Advisory Group Poultry 19 March 2010 Market situation principal feed stuffs.

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