Egg price report for April 2017
The statistics are compiled from data provided by egg producers. This report represents 16.6% of total potential egg production for the month. The report normally includes a split between cage and free range/barn eggs, but this was excluded this month due to insufficient respondents. If you are a producer who reads and uses this report, please consider sending your data to be included.
All prices exclude VAT.
1. Summary of key indicators 2. Egg price across all sizes
The monthly movement in the average egg price (all sizes, excluding free range/ barn) is shown in Graph 1.
The April 2017 price for cage eggs was R13.97 per dozen.
Compared to March 2017 the egg price increased by 3.6%;
Compared to April 2016 it increased by 12.75%.
Table 3 shows the average egg prices (excluding free range/barn) since 2012 and the year-on-year percentage change.
3. Egg price for graded and ungraded eggs
The movement in the producer price since January 2012, for both graded and ungraded eggs (excluding free range/barn eggs), is depicted in Graph 2.
During April 2017, the average egg price for graded eggs was R14.51 per dozen; a monthly increase of 3.2% and a year-on-year increase of 11.3%.
In the same month, the average egg price for ungraded eggs was R12.52 per dozen; a monthly increase of 4.6% and a year-on-year increase of 15.93%.
In the sample surveyed, of the total dozens sold for April 2017, 74% were graded and 26% were ungraded.
4. Feed price
The weighted average feed price includes distribution but excludes medication, additives and VAT. The monthly average feed price for April 2017 was R3638.00/ tonne. It decreased by 6.0% on a monthly basis and decreased
by 11.2% on a yearly basis (Graph 3).
Table 4 shows the average feed prices since 2012 and the year-on-year percentage change.
5. Cull price and age
The average price per cull hen for the month of April 2017 was R29.53, an increase of 11.9% on a monthly basis and an increase of 1.8% on a yearly basis (Graph 4). The average cull age at depletion during April 2017 was 72.0 weeks.
Table 5 shows the average cull prices since 2012 and the year-on-year percentage change, as well as the average cull age.
6. Point-of-lay pullet prices
The average price per pointof-lay pullet for the month of April 2017 was R58.46, an increase of 4.0% on a monthly basis.
7. Change in egg and feed prices
Year-on-year % changes in egg price and feed price are shown in Graph 5. The year 2016 was a difficult one for egg producers when feed prices escalated at a higher rate than egg prices, putting margins under severe pressure. The situation looks more positive in the first four months of 2017.
Definition of egg price:
Egg producer price, excluding rejects and pulp, after rebates, ad spend, “price offs” and settlement discounts; including packaging.
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