Global poultry industries need a sharp focus on operations to offset higher costs and supply chain constraints. Optimal procurement and feed formulation will be vital, say animal protein market specialists.
Tensions continue to build surrounding Ukraine and potential conflict. An attack by Russia on Ukraine has the potential to disrupt global wheat export markets.
Palm oil production is set to recover next year in Malaysia, while soybean production in Brazil is forecast to reach record levels. Although, La Niña is set to play a critical part in the ultimate outcome of the latter, said the CRM Agri team.
Crude oil has been a strong indicator of economic demand, and with a new coronavirus variant making headlines, markets are fearing a cut to consumption, and crude oil values have rapidly fallen, finds CRM Agri.
In the coming year, US livestock and poultry producers will face more feed cost inflation than they have in over a decade, challenging their ability to recover after a difficult and volatile 2020, finds a new report from CoBank.
June saw good weather globally, as winter harvests began well and spring crops showed healthy development, says Rabobank in an agri-commodity report for this month.
