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Rabobank data shows Japanese poultry consumption rose about 2% in the first three quarters of 2021 while domestic production slipped slightly. Avian influenza outbreaks hurt output in the first half, and new outbreaks are again challenging production.
Japan imported about 5% more chicken in the first half, shifting some buying away from Thailand toward China.
Lower domestic output and rising import demand support chicken prices in Japan and tighten global trade flows for poultry.
wattagnet.comRoy GraberDec 16, 2021Not 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.
