Monday, May 27, 2024

Rabobank: Trade issues key for poultry outlook

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UTRECHT, the Netherlands — Trade conditions are gradually improving for global poultry thanks to rising global demand — especially from China, which is expected to face a protein shortage this year, notes Rabobank in its latest "RaboResearch Poultry Quarterly" report.

In recent quarters, the global poultry market has gone through one of the most volatile periods in many years, due to a combination of factors, including trade and disease restrictions, along with the impact of the US-Chinese trade war, the report notes. Production was at an exceptionally high level in many markets, including the U.S., the European Union and Thailand. . .

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