The main issues for 2023 and 2024 include slow global economic growth, further declines in feed prices, and rising volatility risks due to avian influenza and El Nino.
An economic downturn will affect market conditions, ongoing high inflation will pressure consumer spending power and operational issues will continue to challenge producers.
Rabobank’s Global Animal Protein Outlook is the sector’s leading report offering analysis of the prospects for a range of protein categories including meat, poultry and aquaculture.
The latest Rabobank Poultry Report finds the global market for poultry products challenged by rising consumer prices due to inflation, labor shortages and sharply higher distribution costs. The following is a Q&A with Rabobank Senior Animal Protein Analyst Christine McCracken.