Potential gains from ASF outweigh rising grain prices
The poultry market should benefit enough from the African swine fever situation to offset either a rise in production or increased feed costs.
In the first quarter of 2019, we predicted opportunities in the U.S. poultry industry should outweigh obstacles for a rosy picture throughout much or all of 2019. So far, our forecast seems accurate.
We suspect that the WATT/Rennier Poultry Confidence Index (PCI) will remain highly optimistic over the near term.…