date:Mar 31, 2014
Stakeholders in the global poultry trade may see the second quarter get hit with a triple whammy sharp increases in grain prices; bird flu outbreaks in China and weaker Asian economy, Rabobank noted in its poultry quarterly report.
The crisis in Ukraine and the effects of El Nino have led to sharp increases in grain prices, according to Rabobank. Feed prices have jumped 10 percent to 15 percent higher than earlier forecasts. Headwinds for international companies in the poultry trade include a