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Rabobank lowered its 2025 global poultry production growth forecast to 2-2.5% from 2.5-3%, citing avian influenza outbreaks, tariffs and Israel-Iran tensions. Key importers have blocked around 40% of Brazil's poultry exports after its avian flu crisis, and US egg prices hit record highs.
Reduced poultry output and blocked Brazilian export flows support chicken and egg prices and raise demand for alternative proteins and feed.
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.