National Ag News
Poultry stocks and protein competition on the rise
Nov 24, 2017, 12:35 PM
by
System
A livestock market analyst says the alarming increase in poultry stocks in the USDA’s latest Cold Storage report could create additional competition between proteins.
University of Missouri’s Scott Brown says poultry stocks for October are 12 percent above last year’s levels. “When you look at what’s been happening the last couple of months it’s the one protein we are seeing just an increase.”
He tells Brownfield large increases in stocks adds pressure to prices and creates an opportunity for end users, like restaurants to feature cheaper poultry products.
Continue reading Poultry stocks and protein competition on the rise at Brownfield Ag News.
