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The National Provisioner reports Rabobank's Q2 global poultry outlook, which sees gradual market recovery after a weak second half of 2023. Growth of 1.5% to 2% is expected in 2024, with distribution risks from the Black Sea, Red Sea and Panama Canal drought flagged as the main wild card.
Modest poultry growth supports meal demand, while shipping route disruptions raise freight costs for feed ingredient trade.
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.