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By Pete Bedwell, Australia
According to recently published Australian Bureau of Agricultural and Resource Economics (ABARE) statistics in its ‘Poultry-Outlook’ to 2015-16, poultry production is expected to increase in 2011-12 to 910,000 tonnes. In a report prepared by analysts Andrew Haylen and James Fell, “this increase is in response to higher demand for poultry as a result of forecast price increases for red meats.”Over the medium term, poultry production is projected to increase by 3% a year to around one million tonnes by 2015-16. “This is consistent with a projected easing of grain prices, a continuation of increasing slaughter weights, as a result of productivity improvements, and consumer preferences for poultry,” the report stated.
“Poultry consumption is forecast to rise by 1% in 2011-12 to around 38 kilograms per person per year. “Over the outlook period, annual consumption per capita is projected to increase steadily to around 40 kgs by 2015-16. “Poultry is projected to maintain its position as the most consumed meat on a carcass/weight equivalent basis,” the ABARE report concluded.
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Source: World Poultry, Vol 27, No. 5, 2011
