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Rabobank's latest poultry report says the global industry is recovering as foodservice reopens, with the US, Mexico and Japan showing disciplined supply growth. Oversupply persists in the EU, South Africa and Thailand, and avian influenza and African swine fever add volatility.
Improving demand from reopening foodservice supports poultry prices where supply is disciplined, while high feed costs squeeze margins. Oversupply regions may keep export prices under pressure.
foodagribusiness.worldTony McDougalApr 14, 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.
