Global poultry industry set for slowdown, US market an exception
The global poultry market has been hit by a series of factors that are predicted to affect performance in the first quarter and margins in the second quarter of the year.
The global poultry market has been hit by a series of factors that are predicted to affect performance in the first quarter and margins in the second quarter of the year.
With global markets for processed-meat expected to grow by nearly 6% annually for the next half-decade, poultry demand will drive process-equipment markets.
The sector has been losing 1 billion yuan a day since the end of March as chicken-product sales continue to dwindle and prices plunge due to consumer fears over bird flu.