Global poultry outlook hinges on bird flu resolution

Current trends in the global poultry industry point to a positive outlook for 2013, but the avian influenza outbreak in China could scuttle it all, according to a new report from Rabobank’s Food & Agribusiness Research and Advisory group. The United States and Brazil posted strong performances in the first quarter thanks to a positive supply/demand balance that offset weak international trade, Rabobank reported. The European Union continues to underperform, challenged by high feed prices and abundant supplies. Meanwhile, Thailand is benefiting from strong demand for poultry products in the EU and Japan. But China’s poultry industry has continued to struggle, according to Rabobank.  Read More