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Gro Intelligence's new Broiler Chicken Margin Monitor shows US chicken producer profit margins well above historical levels. The firm expects those margins to push up broiler supplies and pressure prices over the coming months.
Fat margins encourage producers to expand flock placements, raising chicken supply and likely softening chicken prices, which can weigh on demand for competing protein and feed inputs.
gro-intelligence.comNov 2, 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.
