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WATTPoultry's outlook for 2023 says global chicken demand should stay strong as consumers trade down to cheaper animal protein. Producers face high input costs, avian influenza risk, and some markets, including the US, may move toward oversupply.
Strong demand supports poultry prices, but high costs and possible oversupply in some markets could cap gains, leaving the net price direction mixed.
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.