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Brett Stuart of Global Agri-Trends said Covid-19 has made global protein price forecasting extremely difficult because demand has swung sharply. He cited a shift from restaurant to retail consumption and labor problems in processing plants as key demand and supply factors.
Demand volatility across beef, pork, and poultry makes protein price direction hard to predict, adding risk for feed buyers planning purchases. The commentary is analysis rather than a new market-moving event.
thepoultrysite.comSarah MikesellOct 26, 2020Not enough comparable past events yet for a historical read.
Not 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.
