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Mintec reports the three-month average EU chicken price (Mar-May 2022) reached EUR 2,535/MT, 17% above the prior period, as avian influenza cut EU supplies. US chicken averaged USD 3,499/MT, up 26%, on stronger retail and foodservice demand and slow production growth.
Reduced poultry supply from HPAI outbreaks and firm demand support chicken prices, which tends to lift demand for substitute proteins and keeps poultry-feed demand steady.
mintecglobal.comRutika GhodekarJun 13, 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.
