MONTHLY FEED PRICE
The weighted average feed price includes distribution, excludes medication & additives and excludes VAT.  The monthly average feed price for January 2012 was R 2 641.20 per ton, an increase of 3% on a monthly and an increase of 19% on a yearly basis. The average feed price for 2011 was R2 344.22 per ton.  The average year to date feed price for 2010 was R2 102.77 per ton, an increase of 11.5%. 
 

CULL AGE
The average cull age at depletion during January 2012 was 74.5 weeks.  The cull age differs from month to month due to participation that fluctuates.  The average cull age for 2011 was 70.69 weeks or in effect 71 weeks while in 2010 the age was 70.5 weeks.

CULL PRICE
The average price per cull for the month of January 2012 was R23.31 per cull, a decrease of 11% on a monthly and an increase of 16.4% on a yearly basis. 
 

MONTHLY YEAR ON YEAR COMPARISON: % CHANGE IN EGG PRICE IN COMPARISON WITH THE FEED PRICE

If the average monthly egg price is compared to the average egg producer price for the same month in the previous year and shown on the graph (RED), then it can be derived that since May 2005 the egg price comparison has shown an increase.  The yearly % change in egg price was, for the first time since April 2005, negative at -0.33% in November 2009. December 2009 showed an increased %change to 6.4% and turned negative again in February 2010 and remained negative until May 2011 when the % change was on and off above and below the 0% line ending the year in the negative at -5,9%%, moving sideways to -5.9% in January 2012.
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The average monthly feed price as a percentage change when compared to the average feed price for the same month in the previous year, has shown an increase since May 2006 and has shown a positive change up to April 2009.  In May 2009, at -2.88%, the % change in feed price turned negative for the first time since June 2006.  During 2011 the % change in feed price remained mainly positive, ending the year in December at +28,2%, moving downwards to +19% in January 2012..

The two scenarios are depicted on the same graph for comparison.

DISCLAIMER:
The views expressed in SAPA STATS reports reflect those of SAPA in collaboration with its independent consultants and do not constitute any specific advice as to decisions or actions that should be taken.  While every care has been taken in preparing documents no representation nor warranty or any expressed or implied undertaking is given and no responsibility or liability is accepted by SAPA as to the accuracy or completeness of the information contained herein whether as electronic data or as a finished report.  SAPA or its independent consultants do not accept responsibility or liability for any damages of whatsoever nature which any person may suffer as a result of any decision or action taken on the basis of the information contained herein.  All opinions and estimates contained in the reports may be changed after publication without notice.

All forecasts of future production, prices, trade or feed and feed ingredient trends are based on the opinion of independent consultants contracted to SAPA.  These forecasts are for guideline purposes only and SAPA does not, in any way, warrant that these predictions will be realised.  SAPA therefore cautions any user of this information to treat it in an appropriate manner.

These statistical reports and/or electronic data are placed in the public domain and may be used by other parties conditional to the source of the data/ report being attributed to SAPA.