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Rabobank's quarterly poultry outlook expects the global poultry industry to improve gradually in 2019, with trade volatile in the first half. Trade frictions include US-China tensions, Saudi trade standards, and the removal of some Brazilian exporters from the EU approved list.
The report expects China's broiler prices to rise in the second half of 2019 as African swine fever pushes consumers toward chicken.
Expected Chinese demand for chicken from exporters such as Brazil could support global broiler prices later in 2019, though near-term trade volatility limits gains.
perishablenews.comRabobankDec 22, 2018Not 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.
