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Rabobank expects global poultry meat production to grow about 2.8% in the coming year, following 2.6% growth last year. Global poultry trade rose 1% year-on-year in Q2 to 7.1 million tonnes despite a roughly 40% drop in Brazilian exports after avian influenza restrictions.
Steady global poultry growth and affordable poultry relative to beef and pork support feed demand, while shifting trade flows affect regional chicken prices.
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.