
Rabobank's Global Poultry Quarterly for Q2 2017 says global poultry is profitable in most regions despite avian influenza, with China the main exception due to human AI cases. Global poultry trade reached record highs, with the US and Thailand gaining share as Brazil's meat scandal cut its exports sharply, down 23 percent in April.
Shifting poultry trade toward the US and Thailand supports demand for US feed and poultry production while Brazil's export drop tightens global supply. Strong poultry margins tend to support continued feed demand.
Not 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.