
Rabobank's global poultry report says high animal protein prices and lower feed costs have sustained the industry in 2025. Uncertainty from US tariffs, bird flu and the Israel-Iran conflict is weighing on trade, and global GDP growth forecasts were cut.
Tight poultry supply and strong demand support protein prices, while lower feed costs help producer margins.
Not enough comparable past events yet for a historical read.
After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% over 20.
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.