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USDA's Japan office projects Japan's 2021 chicken meat production to stay flat versus 2020. A domestic highly pathogenic avian influenza outbreak will keep supply under pressure while COVID-19 slows foodservice demand recovery.
Flat Japanese output with imports rising only slightly means modest import demand for feed inputs; the impact on global feed prices is limited.
usdajapan.orgMar 30, 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.
