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World chicken production grew just 0.5% last year due to a slowing economy, high grain prices and avian influenza losses. Production growth is forecast at only 0.85% this year, with grain prices now depressed.
Lower grain prices reduce feed costs for poultry producers, and slow flock growth limits additional feed demand, leaving the feed price outlook mixed to softer.
thepoultrysite.comLaurence WilliamsMar 14, 2024Not enough comparable past events yet for a historical read.
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.
