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Poultry prices, costs boost 3Q confidence

The summary from my recent Poultry Confidence Index that appears in the October edition of WATT’s PoultryUSA:

Confidence remained high, with even the low numbers only slightly below normative levels.  After reaching the proverbial summit, our most likely expectations are for maintenance or decline.  Luckily, it looks as if any decay will be gradual & mild rather than a steep cliff.  The best news was a positive outlook for jobs & investments as this strong one-two punch could sustain the industry for the near future.  The turkey industry bears some additional watching as the forecast was not quite as rosy.

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