Friday, October 11, 2024

Rabobank reviews current global meat price situation

By Elizabeth Bobenhausen Poultry Times staff ebobenhausen@poultrytimes.com

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GAINESVILLE, Ga. — In the global market, according to Rabobank, the price of cuts of chicken have increased by 2 percent. The prices of pork and beef have risen 4 and 5 percent. Producers of poultry have been struggling with their operations and that remains a focus point.

Feed prices have been decreasing the past two years and this year they hit their lowest point. Although Brazil and Europe have seen an increase in prices of feed for the last two years because of inadequate harvest predictions.

Nan-Dirk Mulder, senior analyst with animal protein at Rabobank explains that countries must. . .

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