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Global Poultry Industry's Outlook Still Strong, Rabobank Says

  • 17 Sep 09:59

The margin outlook for the global poultry industry is still strong and the industry is benefitting from ongoing bullish market fundamentals, according to Rabobank’s latest Poultry Quarterly Q3 report. Supply is balanced in most regions, the report said, beef prices are high and feed costs are low. With China as the major exception, the industry is profitable in almost all major global regions. Avian influenza remains a major concern for the global industry, with new outbreaks in most regions in the world, except Australia and South America. However, the number of outbreaks has been lower in the previous months, and this offers the industry in these regions. Read more...