Ukraine poultry producer's volume up 2% for first quarter 2011
Production costs rise due to grain, utility prices
Ukraine-based MHP S.A.'s volume of chicken meat sales to third parties increased by 2% during the first quarter of 2011 compared to 2010, reaching 84,300 metric tons, according to the company's report.
The average chicken meat price through the first quarter of 2011 increased by 4%, to UAH 12.83 (US$1.61) per kilogram of adjusted weight when compared to the same time in 2010. Poultry production costs in the first three months of 2011 rose slightly in UAH terms compared to 2010 due to the increase in grain and utility prices, which were partially compensated by the lower cost of hatching eggs.