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Rabobank's Q1 2023 poultry report expects global poultry trade to remain strong in 2023 as lower feed costs help producers and consumers trade down to cheaper protein. The report warns that economic slowdown, high inflation and oversupply in several countries could weigh on demand, especially in emerging markets.
Lower feed costs support producer margins and output, while softer consumer demand in emerging markets could limit chicken price gains.
meatpoultry.comRyan McCarthyDec 19, 2022Not 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.
