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Ukrainian poultry producer Mironovskiy Hleboproduct said chicken prices rose 10 percent in 2016 after a 39 percent surge in 2015, as a weakening hryvnia boosted demand. MHP reported twelve-month sales up 7 percent, driven mainly by exports.
A weaker hryvnia and export-driven demand tighten domestic poultry supply and support feed demand, though the effect on global feed prices is limited.
bloomberg.comJoe EastonJan 26, 2017Not 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.
