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RaboResearch's Global Poultry Quarterly Q3 2024 says global poultry markets are recovering toward more normal conditions. Demand is growing 1.5% to 2%, with the EU and US showing firm demand and rising prices, while China and Japan face oversupply.
Stronger poultry demand and lower feed costs support chicken prices, while Chinese oversupply and trade shifts add downside risk for export-oriented markets.
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.