UTECHT, Netherlands — The margin outlook for the global poultry industry is gradually improving after challenging conditions in the fourth quarter of 2015, notably significant oversupply, according to Rabobank’s Poultry Quarterly Q1 2016.
The main factors driving recovery are increasing demand, lower supply growth in key regions like the U.S., China, Thailand and Europe, and price support from recovering red meat markets.
The biggest factor to watch for in 2016 is Asian supply, given restrictions on breeding stock will reduce production — primarily in China, and also in Thailand and Korea — in the second half of 2016.
Rabobank’s Animal. . .
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