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Demand for chicken meat is expected to stay healthy into 2023 and global supplies are tight, despite high feed, labor and energy costs. Avian influenza continues to affect some major production regions.
Firm global poultry demand supports feed demand, but Rabobank expects feed costs to stay high though 10-15% below Q2 2022 levels, keeping feed buyers cautious.
Not 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.