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Rabobank's Q1 2018 poultry outlook calls the global industry's prospects promising, citing demand growth outside China and lower feed prices in the first half of 2018. It warns that avian influenza risk during the northern winter and rising competition from pork and beef need disciplined supply growth.
Solid poultry demand supports feed use, but Rabobank's note on low feed prices and possible AI-driven supply disruption makes the feed outlook mixed.
perishablenews.comRabobankJan 12, 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.
After 250 past neutral report events, Soybean Meal moved a median -0.1% over 5 sessions (49% higher; middle half -1.6% to +1.7%), and +0.4% 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.
