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US poultry companies are producing more chicken than consumers are buying, which is depressing wholesale prices and squeezing meatpacker profits. The oversupply could ease consumer inflation for protein.
Excess broiler output lowers chicken prices and reduces poultry demand for feed ingredients. Feed buyers should expect softer poultry-related feed demand.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.