The short-term impact of the Covid-19 pandemic on livestock products and feed prices in Turkey

Abstract

This study aimed to investigate changes in the prices of animal products (meat, milk, eggs), and feed before and during the pandemic period on a sectoral basis in Turkey. The material for the study consisted of the prices of animal products (beef, lamb and, poultry meat, eggs, and milk) and feed collected from official institutions and producer associations in the period before (December 2019-February 2020) and during (March-May 2020) the pandemic. Considering the prices of investigated animal products, there were increases at different rates in all products during the pandemic (1.82-11.57%). While the differences between producer prices of beef and broiler meat before and during the pandemic were found to be statistically significant (P<0.05), the changes in lamb meat and egg prices were not statistically significant. On the other hand, feed prices were found to be increased by 9.71-12.57%. It was determined that the feed, which is the most critical input of producers, showed a significant increase (P<0.05) during the pandemic, especially in the poultry sector. During the pandemic, the highest reduction in livestock product/feed parity was experienced in the egg sector, with -10.28%. In conclusion, examined animal product prices increased during the pandemic period, but input prices increased more than products. In addition, it was determined that the producers had to produce with lower profitability according to the product-feed parity values, especially in the egg poultry sector during the pandemic period.

Keywords

• Covid 19
• feed
• meat
• milk
• prices

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