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Rabobank analysts expect both domestic and export poultry markets to stay relatively weak through the end of 2020. Food service demand has rebounded somewhat, but colder weather may hurt outdoor operations and oversupply could delay a price recovery.
Persistent oversupply keeps chicken prices under pressure, although feed cost pressure could lead producers to cut output later.
wattagnet.comSep 28, 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.
