Greg RennierGreg Rennier, Ph.D., is president of Rennier Associates Inc. To contact Rennier, email [email protected].From the AuthorBroilers & TurkeysWarning signs emerge for 2022Although confidence declined in four of the five secondary indices during the first quarter of 2022, optimism in the poultry industry remained at or above normative levels.Broilers & TurkeysPoultry industry confidence grows to close 2021The poultry industry stayed confident about the present and hopeful for the future, even facing wavering consumer optimism and staggering inflation.Broilers & TurkeysPoultry industry remains confident facing rising pricesThe poultry industry’s confidence is not faltering in the face of continual market challenges.Processing & SlaughterOptimism flourishes despite challengesCOVID-19 disrupted much of 2020. As always, the resilient poultry industry developed ways to cope.Broilers & TurkeysPoultry industry confidence rebounds againSince the pandemic began in the U.S. in March 2020, poultry industry confidence waned but not as much as anticipated.Broilers & TurkeysPoultry industry confidence begins to fadeConfidence in the poultry industry fell in the final months of 2020.Broilers & TurkeysPredicted COVID-19 rebound materializesAlthough general consumer confidence navigates a gloomier path, the outlook for poultry is brighter.Broilers & TurkeysPoultry's future looks promising despite COVID-19Somewhat surprisingly, the industry is confident about the future. Not as optimistic as the last few years, but very close to a ‘normal’ level.Broilers & TurkeysPoultry industry confidence declines but remains highThe Poultry Confidence Index declined in the first quarter, but it started from lofty heights and still reflects strong confidence in the industry.Broilers & TurkeysResumed poultry trade with China spikes industry confidenceIn late November 2019, Chinese officials announced a resumption of trade with the U.S. This had a profound effect on fourth quarter’s Poultry Confidence Index results.HomePotential gains from ASF outweigh rising grain pricesThe U.S. poultry market should see enough benefits from the African swine fever situation to offset either a slight rise in production or increased feed costs.Broilers & TurkeysProfit predictions strengthen industry confidence2019 is shaping up to be a good year with more opportunities than challenges, thanks to improving market conditions and greater industry confidence.Page 1 of 6Next Page