
Rabobank expects global poultry consumption to grow 2.5 to 3% this year, the second year of above-average growth that has improved margins. Avian influenza remains a major concern for the US industry, and tight parent stock and high hatching egg prices restrict growth.
Trade tensions and retaliatory tariffs on poultry are flagged as risks.
Strong global poultry demand supports feed grain and protein meal consumption, while tariff-driven trade disruption could shift flows and pressure export-dependent demand. The net effect is supportive for feed ingredients.
After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
After 414 past bullish report events, Soybean Meal moved a median -0.1% over 5 sessions (48% higher; middle half -2.1% to +2.3%), and +0.3% 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.