New 2021 will be difficult for poultry farmers

In the first half of 2021 in the markets of poultry meat will develop a difficult situation, but in the second half of the year it will improve. The industry must prepare for tough year and to work out appropriate strategies - experts reported in the Rabobank quarterly report.

Producers will operate in the conditions caused by pandemic, failure of supply, high feed prices, difficult economic conditions, the problems of frequent outbreaks of bird flu and global oversupply.

Soon pressure Covid-19 for catering and trade will remain, so the recovery will be very slow.

Analysts at Rabobank noted that most of these negative factors affected Europe. Although China is also concerned about the oversupply. In 2020 it has increased production of poultry meat by 12%, and will continue to increase in 2021, which will lead to lower imports and lower prices.

the crisis will force the poultry farmers to develop a new strategy of supply. Significant feed costs will require a more detailed control of procurement.

That the Rabobank encourages traders to seek new opportunities in new markets to offset reduced imports from Asian countries. However, the world market for new exporters, such as Ukraine and Russia, will increase competition in the face of limited markets.

gradually, However, improve the situation initiated vaccination from Covid-19, which will allow the second half of the year to gradually restore the food service industry that will help global traders.

But before you begin recovery of the markets, you would have to liquidate substantial holdings, - say the experts at Rabobank.