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Rabobank says global poultry market conditions are gradually recovering after a weak second half of 2023, driven by production cuts. It expects 1.5% to 2% global poultry growth in 2024, led by emerging markets, with slow growth in Europe, the US and Japan.
Steady poultry demand growth and disciplined supply support feed demand, though Black Sea, Red Sea and Panama Canal disruptions could raise trade costs.
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.