Moving through Q4 2020 and into 2021, the global poultry industry will operate in a volatile market context, with pressure coming from foodservice and wholesale markets, according to Rabobank’s “Poultry Quarterly Q4 2020.” Possible new waves of Covid-19 will add to the market ups and downs, and the impact of a deep economic crisis will make markets more price-driven.
The report noted that poultry producers should prepare for the challenge of balancing the local supply with volatile global demand as most import markets reducing their poultry imports going into 2021.
A full copy of the report can be found here.
