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Rabobank's Global Poultry Quarterly expects a promising 2018 outlook for the global poultry industry, with demand growth in most markets except China. It warns that avian influenza could return in the Northern Hemisphere winter and that red meat competition will grow as supplies rise.
Stable poultry demand and lower feed prices in early 2018 support feed use. The main risks are avian influenza and rising competition from pork and beef, which could weigh on chicken prices.
poultrynews.co.ukChloe RyanDec 18, 2017Not 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.
