The volume of MHP S.A.'s chicken meat sales increased by 23% to 99,900 metric tons in the third quarter of 2011 and by 13% to 282,000 metric tons during the first nine months of 2011, when compared to 2010 numbers, according to the company's recently released financial report.
These results are mainly a result of a production increase due to more effective use of existing capacity as well as due to decrease in stocks, said the company. Domestic demand for chicken meat during the first nine months of 2011 remained high and MHP was able to sell close to 100% of the chicken produced. Export sales for the first nine months of 2011 increased by almost two times compared to the same period in 2010.
The average chicken meat price through the third quarter of 2011 increased by 15%, to UAH 16.11 (US$2.01) per kilogram of adjusted weight (excluding VAT), when compared to the third quarter of 2010. Through the nine months of 2011, average chicken prices increased by 7%, to UAH 14.39 per kilogram (US$1.80), as prices were almost flat in the first half of 2011.
Experts discuss a variety of trends in livestock and poultry nutrition, health and breeding
Cobb-Vantress distributor holds annual event highlighting excellence in poultry industry
Grower for Sanderson Farms serves as mentor for women interested in poultry industry
Brazilian company demonstrates its strength to challenging market situations with its brands Sadia and Perdigao
Tyson Foods is the only meat production company to make Fortune magazine list
Credited with inventing molded egg carton and more than 100 patents
Moulding plastic poultry equipment company’s Malaysia branch will be known as Giopp Asia SDN BHD
Rising seasonal demand, declining production costs and rising prices have pushed industry confidence to record levels.
Consumer trust and poultry: Bridging the gap between where we are and need to be
--- Thank you for your patience ----
If you have any issues logging in or any other need feel free to contact us.