Greg RennierGreg Rennier, Ph.D., is president of Rennier Associates Inc. To contact Rennier, email [email protected].From the Author - Page 6HomePoultry Confidence Index: Light at the end of the tunnelEveryone has heard the idiom about the light at the end of the tunnel. This saying refers to something which makes you believe that a difficult or unpleasant situation will end.HomePoultry Confidence Index: Corn prices -- spoiling the outlookThe combination of increased placements and higher costs has started to put some pressure on the marketHomePoultry Confidence Index: Mixed signalsThe general pattern of these numbers suggests that the market is depressed, but expectations are that general business conditions and profits will rise in the next six months. The exception to this future optimism is that many predict jobs and expansion opportunities to be on the decline.HomePoultry Confidence Index: Forces converge to raise PCIMany feared that public concerns and the bad press about avian influenza (AI) would depress demand for poultry and negatively impact jobs and expansion. Although these concerns still linger, expectations concerning future conditions improved substantially.HomePoultry Confidence Index: Costs moderate, but prices still lowThe PCI has dropped to its lowest point, yet a bright future waits.HomePoultry Confidence Index: Smile when it hurts mostThe market keeps throwing upper cuts, but the poultry industry refuses to take a ten count.HomePoultry Confidence Index: Declines in fourth quarterThe recent figures were some of the lowest reported since 1996.Previous PagePage 6 of 6
