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The Irish Farmers' Association Poultry Council reports that broiler margins are squeezed because processors cannot pass on rising feed and processing costs to retailers. Demand for chicken fell in summer 2021 as foodservice remained weak, and egg markets are oversupplied in some grades.
Higher grain and protein feed costs are squeezing Irish poultry producers, which could reduce broiler placements and feed intake over time. Ongoing oversupply in eggs limits the price support for layer feed demand.
ifa.ieNov 25, 2021Not enough comparable past events yet for a historical read.
Not 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.
