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The EU-27 chicken meat sector is expected to contract about 1.6% in 2020 due to Covid-19 lockdowns and closure of foodservice channels. Poland, the largest EU producer, has been hit by HPAI cases, which led several countries to restrict imports from the region.
A rebound is forecast for 2021 at a slower pace than before the pandemic.
Lower EU chicken output and export restrictions tighten the feed demand outlook in Europe while reducing competing meat supplies. The net price effect on feed grains and meals is modest.
poultryworld.netNatalie KinsleyOct 21, 2020Not 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.
