date:May 16, 2012
should see continued strong global demand for poultry world demand is expected to grow 2% in 2012 as well as strong prices of competing meats, such as beef and pork, in most global markets. Support will come from record high beef prices in particular, due to a very tight global beef market,the report said.
Rabobank added that supply discipline was showing good results, with a 13% reduction in US inventories, and Brazil currently reducing supply to adjust the market after lower-than-expected e