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Ukrainian meat producer MHP reported second-quarter 2018 revenue of US$388m, up 21% year-on-year, with export revenue rising to $223m. Poultry production reached 155,725 tonnes, up 7%, while average chicken meat prices rose 20% year-on-year.
Higher Ukrainian poultry output and export growth add supply to global chicken markets, while strong domestic and export prices signal firm demand for poultry feed inputs such as corn and soy meal.
foodnavigator.comAidan FortuneAug 23, 2018Not enough comparable past events yet for a historical read.
After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
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.
