Rabobank Poultry Quarterly Q4 2018: Rising Volatility Will Challenge Industry Margins
The global poultry market is performing relatively well in 2H 2018, but it is being challenged. The main driver is ongoing volatility in trade, mainly associated with Brazil. This includes the EU restrictions on several Brazilian export plants, changing halal standards in Saudi Arabia, the ongoing impact of the Q2 truckers strike in Brazil, and the recent safeguard on Brazilian chicken imports set by China. …