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Indonesian broiler prices are recovering, with targets near USD 1.21/kg on October 29, up from USD 0.99–1.04/kg a day earlier. The Indonesian Poultry Farmers Association says prices still sit below the production cost of USD 1.26/kg.
Producers operating below cost are likely to cut chick placements and reduce flock sizes, which lowers future poultry output and modestly reduces feed grain and meal demand.
Not 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.