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Rabobank's Nan-Dirk Mulder presented his short- and long-term global poultry outlook at the IPC Global Poultry Conference in Buenos Aires. He said markets should stay relatively strong in 2024 and 2025, with poultry supply tight in most markets and avian influenza and El Niño weighing on production in Southern Asia and Africa.
Tight poultry supply and strong competing protein prices support chicken prices and demand for feed ingredients, while Middle East turmoil may disrupt trade flows.
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.