
Rabobank says European poultrymeat markets are recovering, with whole chicken prices significantly higher at the end of 2021 than a year earlier. Supply is tight due to avian influenza, salmonella issues in Eastern Europe and high feed and input costs.
Thai breastmeat exports face labour shortages.
Tight European supply and high feed costs support higher poultry prices in 2022, while feed demand from poultry processors remains firm.
Not enough comparable past events yet for a historical read.
After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
After 250 past neutral report events, Soybean Meal moved a median -0.1% over 5 sessions (49% higher; middle half -1.6% to +1.7%), and +0.4% 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.