# Hog herds and poultry are getting even more expensive to feed

> Soybean meal futures in Chicago climbed to their highest since mid-2014 after Argentina suspended export registrations for meal and oil. Several countries, including Hungary and Indonesia, have also curbed farm trade to protect domestic supplies.

- Date: 2022-03-14 · published 2022-03-14T12:00:00.000Z
- Category: trade · region Argentina · magnitude high
- Page: https://feedsoft.ai/events/12632-hog-herds-and-poultry-are-getting-even-more-expensive-to-feed
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

A major exporter's export block plus broad trade curbs tighten global protein supply, lifting meal prices and raising feed costs for hog and poultry producers.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- HOGS: bearish ▼
- CHICKEN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2021-10-08 | [High feed costs: How we got here and how to overcome them \| Ag Proud](https://feedsoft.ai/events/44691-high-feed-costs-how-we-got-here-and-how-to-overcome-them-ag-proud.md) | +0.2% | +4.6% |
| SBM | 2018-10-31 | [China to buy more vegoils and animal feed meals in coming weeks \| Agrifish  \| POST Online Media](https://feedsoft.ai/events/62632-china-to-buy-more-vegoils-and-animal-feed-meals-in-coming-weeks-agrifish-post.md) | +2.1% | +0.9% |
| SBM | 2022-08-05 | [More US Soybean Meal Exports Needed to Meet Global Demand \| CZ app](https://feedsoft.ai/events/40110-more-us-soybean-meal-exports-needed-to-meet-global-demand-cz-app.md) | +1.0% | -10.2% |
| SBM | 2019-12-16 | [Tyson Foods cleared to ship poultry to China from all U.S. plants](https://feedsoft.ai/events/55718-tyson-foods-cleared-to-ship-poultry-to-china-from-all-u-s-plants.md) | +0.8% | +0.6% |
| SBM | 2026-08-27 | [Oilseeds: Soybeans Are Gaining Momentum; Exports Are](https://feedsoft.ai/events/17964-oilseeds-soybeans-are-gaining-momentum-exports-are.md) | +3.0% | +10.1% |
| SBO | 2018-10-31 | [China to buy more vegoils and animal feed meals in coming weeks \| Agrifish  \| POST Online Media](https://feedsoft.ai/events/62632-china-to-buy-more-vegoils-and-animal-feed-meals-in-coming-weeks-agrifish-post.md) | -0.4% | -1.0% |
| SBO | 2022-11-05 | [Cooking oil has become expensive, know what are the new rates \| PalPal News Hub \| Latest National, Technology, and Astrology News](https://feedsoft.ai/events/38803-cooking-oil-has-become-expensive-know-what-are-the-new-rates-palpal-news-hub.md) | +2.1% | -11.1% |
| SBO | 2020-09-22 | [Exclusive: Argentina soy crushing to fall 9.5% this year, export chamber says \| 1450 AM 99.7 FM WHTC \| Holland](https://feedsoft.ai/events/50967-exclusive-argentina-soy-crushing-to-fall-9-5-this-year-export-chamber-says-1450.md) | -2.9% | -5.1% |

## Sources

- ajot.com: https://www.ajot.com/news/hog-herds-and-poultry-are-getting-even-more-expensive-to-feed

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.