A thumbnail survey carried at animal husbandry trade show EuroTier, held in Hanover, Germany, in mid-November, suggests that suppliers to the poultry industry are holding up in the current crisis rather well.
Asked what they expected 2009 to bring, animal companies through to processing equipment companies were all positive in their responses, even if some were a little cautious.
Staff at an animal health company responded that they had expected little interest, given the credit crunch, in what they had to offer, but that they had been overwhelmed by the number of visitors coming by their stand.
Representatives from a genetics company forecast that there would be a slight downturn during the first quarter of 2009 and that Western European companies were showing some reluctance to invest but, overall, next year is expected to be positive.
Other companies similarly noted a reduction in activity in Western Europe but added that this was being compensated for demand from other markets, especially the Middle and Far East.
Perhaps the best news of all, most companies are reporting that, despite their expectations for a downturn in demand, the impact of the credit crunch so far has been absolutely minimal.
1 comment:
Thanks for the update and the positive news...there is so little of that being spread around recently it's important, IMO, to share good news when allowed.
JM
Rockford, IL
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