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Turbulent start to year for global poultry markets

20 Jun 2016

• 20 Jun 09:26

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Global poultry markets have faced a turbulent first few months this year due to intensive competition in global markets following the resumption of US exports after bird flu. Countries heavily exposed to global trade such as Brazil, Argentina and Thailand have been particularly affected, seeing prices tumble for legs and processed meat by 20% and breast meat by 6%. Price concessions in main poultry markets As a result, Brazil and the EU have been aggressively defending their market share but are having to do so through price concessions, according to the latest quarterly report from Rabobank. EU exporters have managed to increase export volumes by 5% but at. Read more...