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A USDA report says the COVID-19 pandemic has pushed Poland's poultry industry toward crisis, with HRI demand in Western Europe falling sharply. Farm-gate broiler prices fell 13% from early March to late April, and 32 HPAI outbreaks have occurred since December 31, 2019.
Lost European foodservice demand and export bans on Polish poultry weaken EU and global chicken prices, which can pressure feed demand for poultry rations.
foodnavigator.comJane ByrneMay 29, 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.
