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An Ifac poultry specialist expects better poultry farm returns in 2020 as egg production fell by up to 15% while egg demand rose about 30%. He cites African swine fever reducing pork supply in Asia, with chicken expected to fill the gap.
Stronger poultry demand and tighter egg supply support higher demand for poultry feed, a mildly bullish signal for feed ingredients such as corn and soymeal.
ifac.ieJul 30, 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.
