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Chicken processing margins have improved in 2022 and are expected to stay strong as demand outstrips supply. Beef supplies face tightening late in the year from herd liquidation, and pork margins have been negative since March.
Tight US chicken supply and strong demand support poultry prices, while smaller cattle supplies later in the year could lift beef-related feed demand.
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.