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South African poultry producers are cautiously optimistic about 2019 after three hard years of drought-driven maize price spikes, feed cost increases and job losses. The sector also absorbed its first highly pathogenic avian influenza outbreak in 2017, and compensation for farmers remains uncertain.
Feed cost swings from maize shortages hit broiler margins, and disease outbreaks cut poultry output, which together shape regional demand for feed grains and meal.
thepoultrysite.comRyan JohnsonNov 27, 2019Not 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.
