Regulatory issues are the top concern of poultry decision makers from around the world, according to a poll conducted by the WATT-Rennier Poultry Confidence Index (PCI).
Many respondents pointed to the increased cost of doing business associated with aggressive government regulation. Potential profits were evaporating as non-science-based legislation drove up costs associated with disease control and monitoring.
As one respondent said, “Regulators are coming after us, and it’s going to cost us all.”
Regulatory Issues was the most-selected industry concern, earning the top ranking in three of the four regions – USA/Canada, Europe and Asia. Meat/Poultry Supply and Demand was next on the list for USA/Canada and Europe.
In Asia, Environmental Issues were as important as Regulatory Issues (tied for top spot). Concerns were different in South and Central America as the top-two issues were General Economy and the Export Market.
Input Costs (excluding grain) was the third most important issue in three of the four regions.
Finally, three issues never made the top-three list for any region – Bird Health/Disease, Credit Availability and Grain Prices.
In their rankings of issues from a pre-defined list, respondents indicated that their concerns were more similar than different across geographic regions, said Dr. Greg Rennier.
Top three poultry issues by geographic region
Issues USA /Canada Europe Asia South & Central America
Regulatory issues 1st 1st 1st
Meat/poultry supply, demand 2nd 2nd
Input costs (excluding grain) 3rd 3rd 3rd
Jobs 3rd
General economy 1st 1st
Environmental issues 1st
Export market 3rd
Bird health/disease
Credit availability
Grain prices
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