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Fresh chicken wholesale prices at Smithfield have levelled off after a volatile spring and summer, now near levels seen at the start of the year and a year earlier. Early August saw small-bird prices briefly drop by up to 20p/kg due to a hot-weather surplus.
Heat-driven growth slowdowns and surplus birds keep UK chicken prices soft, which trims demand for feed in the short term. The effect on feed-ingredient prices is modest.
foodagribusiness.worldKen RandallOct 1, 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.
