Loading…
An FCC analysis forecasts Canadian broiler farm-gate prices to keep declining through the second half of 2024 before stabilizing in spring 2025. The decline reflects feed costs that are down about 22% from their December 2022 to February 2023 peak, while chick costs have risen due to avian flu supply shortages.
Lower grain and oilseed prices are reducing broiler production costs, which points to softer chicken prices and continued pressure on feed demand from the Canadian poultry sector.
fcc-fac.caAug 14, 2024Not enough comparable past events yet for a historical read.
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.
