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Rising costs for feed, fuel, labor and other inputs are squeezing margins for poultry producers. US consumer prices rose 6.2% in November, the fastest pace since 1990.
The article says cost increases may slow in 2022, but producers will need retailers to pass costs on to consumers.
Broad inflation in feed and energy raises production costs, and whether those costs reach retail prices will determine poultry margins and demand for feed.
wattagnet.comMark ClementsDec 28, 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.
