
Rabobank's Poultry Quarterly Q1 2018 expects a promising global poultry outlook for 2018, with ongoing demand growth in most markets except China. It flags avian influenza risk during the Northern Hemisphere winter and more competition from red meat as the main concerns.
Expected demand growth and lower feed prices in the first half of 2018 support feed demand from the poultry sector. Avian influenza is the main upside risk to disease-related price volatility.
Not 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.