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Rabobank's Q4 Poultry Report expects volatile poultry markets through 2020 and into 2021, with prices falling more sharply than other proteins due to dependence on foodservice. It forecasts a slight rise in global production, led by China and Vietnam, where African swine fever has cut pork supply.
Expansion in China and Vietnam tied to ASF-driven pork shortages adds to chicken supply, while volatile demand keeps price direction uncertain.
meatpoultry.comRyan McCarthySep 23, 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.
