Thailand

2018 brings new challenges for the Thai poultry industry

Poultry

The domestic demand is still weak and the producers must ease the growth, recommends Rabobank.

Posted on Apr 08 ,08:00

2018 brings new challenges for the Thai poultry industry

2018 will be a challenging year for the Thai poultry industry as the domestic demand remains weak, observed Rabobank analysts in their latest outlook for this sector.
A significant expansion led to oversupply in the last couple of months and, as a result, broiler prices fell by 12% in Q1 2018 compared to Q3 2017, mentioned the report quoted by Asian Agribiz.
Rabobank recommended the local industry must to stay “disciplined with its growth this year” in order to gradually recover to an appropriate market balance. Meanwhile, a chance to expand the country's market share on poultry exports is to be seen soon as Brazil's poultry industry is dragged into a new episode of the "rotten meat" scandal.
Russia and Thailand, producers who are now confronted with oversupply after industry expansion, will try to capture some of Brazil’s lost market share in global trade, believes Nan-Dirk Mulder, Senior Analyst – Animal Protein at Rabobank.

 NEWSLETTER - Stay informed with the latest news!

Comments





Similar articles

SCOTLAND

QMS continues efforts to engage Westminster and Holyrood on the importance of Scotland’s red meat supply chain

Following its successful showcase of the Scotch Beef, Scotch Lamb, and Specially Selected Pork br...


Read more Read more
WALES

HCC: Reducing calving intervals will save cash and boost productivity

The average calving interval for beef dams in Wales was 420 days in 2024, according to the l...


Read more Read more
INTERNATIONAL

How Ammeraal Beltech's uni DTB revolutionised production at Dovecote Park

Dovecote Park, a family-owned business renowned for producing premium British beef, veal, and ven...


Read more Read more
Websolutions by Angular Software and SpiderClass