Future challenges to US chicken industry examined in Rabobank report

Rabobank’s global Food & Agribusiness Research and Advisory (FAR) department has released a report examining the challenges and the changes facing the US chicken industry, if it wants to go forward.

Titled “This is not your grandfather’s chicken industry – Thoughts from a banker’s perspective”, the Rabobank’s senior poultry sector experts are saying that the changes the industry is encountering are permanent, not cyclical.

Among the changes will be higher and more volatiel feed input costs, rapid golbalization, increasing government regulation, and excess supply.

“Rabobank believes the industry will adjust eventually, but those who will survive and thrive in the future will be those who recognize that the operating environment has changed forever, and alter the way they run their business.”

Rabobank is a global financial services provider in wholesale and retail banking for the food and agricultural industry, asset and investment management, leasing, real estate services, and renewable energy project financing. In North America, Rabobank is a financial services provider to the corporate food and agribusiness industry.