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Industry analysts expect record US red meat and poultry production in 2019, with per capita consumption forecast to set a new high. They also flag the possibility of higher corn prices, lower soybean prices and a slower economy as factors that could squeeze producer margins.
Heavy broiler and egg output could keep chicken prices under pressure, while higher corn and lower soymeal prices would shift feed costs for poultry producers.
wattagnet.comTerrence O'KeefeJan 21, 2019Not 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.
