Rabobank says avian flu has had a big impact on international poultry markets.
The banks latest quarterly poultry report suggests prices and trade volumes are expected to remain under pressure for the rest of this year.
Analyst Nan-Dirk Mulder says poultry industry fundamentals are facing meaningful headwinds - blaming stronger than expected feed prices because of the U-S dollar, increased competition from falling pork prices and restrictions on trade.
Mulder argues supply growth discipline is important under such worsening conditions.
Rabobank is calling for governments to follow international guidelines regarding avian flu-based trade trestrictions.
The bank report cites China as taking the biggest hit from the flu, even with diminishing cases being reported.
It doesn't specifically refer to Canada, but says the U-S poultry market is still posting strong margins on robust local demand.
