Monday, April 15, 2024

Rabobank: poultry 4Q challenges of balancing markets

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UTRECHT, Netherlands — Moving through the fourth quarter of 2020 and into 2021, the global poultry industry will operate in a volatile market context, with ongoing pressure coming from foodservice and wholesale markets, analysts with Rabobank note in a recent report. Possible new waves of COVID-19 will add to the market ups and downs, and the impact of a deep economic crisis will make markets more price-driven.

“Over the whole year, we can expect to see a slight increase in global poultry production (+0.8 percent year-over-year). This is the result of poultry expansion in China and. . .

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