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Rabobank's latest poultry report says global poultry demand and trade will stay robust in 2022 despite inflation and logistics problems. It estimates the Ukraine war has raised grain prices 20% to 40% worldwide.
The bank expects avian influenza pressure to ease in the northern hemisphere over the summer.
Higher grain costs raise feed expenses for poultry and livestock producers, supporting corn and wheat prices and squeezing margins in developing markets.
meatingplace.comKate GibsonApr 4, 2022After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
After 769 past bullish report events, Wheat (SRW) moved a median +0.2% over 5 sessions (53% higher; middle half -1.4% to +2.0%), and +0.2% over 20.
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.
