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South Africa has imposed a tariff on bone-in poultry it says is exported by major producers, including the United States, at prices below production cost. The South African poultry group is now targeting a US import quota in response.
Trade barriers on US poultry could reduce US chicken export volumes, pressuring chicken prices and weakening demand for feed ingredients tied to US poultry production.
reuters.comJoe BavierAug 21, 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.
