Lead animal protein analyst with CoBank says we are entering a period of 'slowbalization.'

IPPE attendees can learn how the domestic and global economies are performing and how regulatory issues impact the poultry and egg industries.

The main issues for 2023 and 2024 include slow global economic growth, further declines in feed prices, and rising volatility risks due to avian influenza and El Nino.

Global trade is expected to stay strong this year.

Nan-Dirk Mulder, senior global specialist animal protein with Rabobank, notes that for the general market outlook for 2023, the focus will shift to the operational side.

An economic downturn will affect market conditions, ongoing high inflation will pressure consumer spending power and operational issues will continue to challenge producers.