Asian Livestock Diverges as Thai Pork and Egg Prices Surge Past Peers

 

 

Thai egg and live swine prices hit 4 baht ($0.11) and 72.87 baht ($2.08)/kg, respectively, highlighting uneven post-pandemic agricultural recovery across Asia.

 

Agricultural commodity prices across Asia are exhibiting sharp regional disparities, with Thai livestock prices gaining momentum while neighbouring markets face mixed supply and demand dynamics.

 

According to data released by the Department of Livestock Development's Livestock Economics Group and reported by Thansettakij journalist Ornuma Srisamai, shifting production volumes, feed costs, and local demand have driven significant price divergence in chicken eggs, broilers, and live swine across Southeast and East Asia.

 

 

 

Thai Chicken Egg Prices Overtake Myanmar

Thailand’s average price for mixed-grade chicken eggs adjusted upward to 4.00 baht ($0.11) per egg, surpassing Myanmar’s regional average of 3.87 baht ($0.11) per egg.

 

In Thailand, Grade 3 eggs reached 4.20 baht ($0.12), while Grade 4 eggs stood at 4.00 baht ($0.11).

 

 

 

By comparison, egg prices across the broader region showed varied trends:

Myanmar: Prices rose 1.55% week-on-week to average 3.87 baht ($0.11), with Yangon recording 3.87 baht ($0.11), Mandalay at 3.93 baht ($0.11), and Taunggyi at 3.80 baht ($0.11).

The Philippines: Medium-sized eggs rose 1.98% to 3.60 baht ($0.10) per egg.

China: Prices dropped 4.82% to 3.36 baht ($0.10) per kilogramme due to shifting market supply balances.

Cambodia: Experienced the sharpest decline, tumbling 10.94% to 2.85 baht ($0.08) per egg.

Vietnam & Laos: Prices remained flat at 2.40 baht ($0.07) and 2.92 baht ($0.08) per egg, respectively.

 

 

 

Thai Broiler Markets Hold Steady

In the poultry sector, Thailand’s live broiler price remained stable at 45.00 baht ($1.29) per kilogramme, supported by balanced market supply and consumer demand. Broiler chick prices also held steady at 19.50 baht ($0.56) per bird.

 

Thailand's broiler prices sit approximately 33.5% higher than China's white-feathered broilers—which rose 1.81% to 33.70 baht ($0.96) per kg—but align closely with Vietnam’s price of 44.00 baht ($1.26) per kg.

 

Meanwhile, Myanmar recorded Asia's highest broiler prices at 71.00 baht ($2.03) per kg, exceeding Thai levels by nearly 58%.

 

 

 

Thai Pork Prices Outpace China and Vietnam

Thailand’s swine sector continues to strengthen, with live pig prices rising 2.60% week-on-week to an average of 72.87 baht ($2.08) per kilogramme.

 

Regional Thai pork prices ranged from 71.00 baht ($2.03)/kg in the East to 75.00 baht ($2.14)/kg in the North, driven by solid domestic purchasing power and rising piglet costs.

 

The upward trajectory in Thailand contrasts with China, where live pig prices slipped 1.03% to 52.69 baht ($1.51) per kg amid an oversupply of stock entering the market.

 

Across other regional markets:

 

Cambodia: Holds the highest swine price in the region at 98.16 baht ($2.80) per kg due to severe supply tightness.

The Philippines: Ranks second highest at 95.53 baht ($2.73) per kg, up over 3%.

Myanmar & Vietnam: Maintained elevated prices at 76.00 baht ($2.17) and 74.50 baht ($2.13) per kg, respectively.

Laos: Softened slightly by 0.69% to 66.67 baht ($1.91) per kg.