ANALYSIS: Stairs Going Up, Elevator Going Down

While 2020’s chicken market has certainly had its fair share of ups and downs recently, it has also brought with it...

ANALYSIS: Jumbo Wings: A Mid-Year Coin Toss

2020 has been anything but predictable and the wing market is no exception. While a seasonal increase in buying interest and in paid prices is...

ANALYSIS: The Growing Price Gap Between Jumbo and Select Sized Boneless

Last year, we published an article titled, “Boneless Chicken Breasts and the New Norm” which shed light on...

ANALYSIS: A Jumbo/Medium Chicken Breast Meat Inflection Point

Over the years, medium-sized boneless breasts have enjoyed an unyielding premium over their jumbo-sized counterparts...

ANALYSIS: Maintaining Perspective on Chicken Price Changes

As the shock and awe caused by the rapid market appreciation begins to subside and acceptance kicks in, this week we thought it would be a good opportunity to...

Rabobank: Poultry Quarterly Q1 2020

The outlook for global poultry in 2020 is slightly more positive than it was in 2019, when markets suffered from relative oversupply. A key driver of the gradual recovery will be ongoing strength in trade flows to Asia in order to supply African swine fever-affected markets such as China, Vietnam, South Korea, and the Philippines. These trade flows will be positive for dark-meat prices, though they will be subject to increasing volatility. Improved beef prices (the main substitute for fresh poultry), stable global average feed prices, and more balanced supply will also all support the gradual recovery. The downside is that global whole-bird and breast-meat markets will remain pressured and have limited price upside.

African swine fever (ASF) will increasingly push chicken expansion in Asia in 2020. This will help fill the gap in local protein markets affected by ASF, but it also...