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Rabobank reports the global poultry meat market is recovering, with 2024 growth expected at 2.5-3% driven by lower production costs and stronger demand. China and Japan face local oversupply, weighing on raw chicken imports, while Europe performs well with firm breast meat prices.
Robust global chicken demand supports feed demand for broiler production, while oversupply in China and Japan could pressure poultry prices and import volumes.
nexuspoultry.comFederico CastelloOct 17, 2024Not 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.
