Poultry set to see better days

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The challenges that the poultry industry in Asia is mired in may not quite be over yet, but we see progress. This past week, good news has been flowing in, a welcome respite from talk of trials and such!

In Thailand both GFPT and Bangkok Ranch have reported positive earnings, while in Vietnam, producers are enjoying profits despite the high DOC and feed costs. Chicken production in the Philippines rose 9.8% in the first six months, while San Miguel Food and Beverage is investing USD 1.2 billion to build 12 new poultry farms across the country, each producing 80 million birds annually.