Although there were certainly more tangible reasons for a recent renewal of optimism in the poultry industry, a mild winter and thoughts of spring certainly did it no harm. The Poultry Confidence Index, which had steadily risen throughout 2011 afterhitting rock bottom a year ago, rose dramatically in this first quarter of 2012. The Overall Index now stands at 119.8 (1996 = 100 baseline), up from 94.3 the previous quarter. The Present Situation Index increased to 101.8 from 73.8, while the Expectations Index rose to 131.8 from 107.9 since the fourth quarter of 2011.
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