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Rabobank reports global poultry meat trade grew just 8% between 2018 and 2023, with Brazil capturing 90% of trade growth and holding a 30% value share. Geopolitical tensions, high feed costs and trade frictions have added to a volatile trade environment.
Slowing trade growth and high feed costs weigh on poultry export demand, while Brazil's dominance signals where supply and price pressure will concentrate.
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.