# Hold onto your feathers! | 2021-03-31  | MEAT+POULTRY

> Rabobank's Poultry Quarterly Q2 2021 says the global poultry industry will recover as countries lift pandemic restrictions on foodservice, but faces COVID-19 market disruptions, very high feed prices, avian influenza in the Northern Hemisphere, and slow recovery from African swine fever. Poultry markets improved in the US, Mexico, Russia and Japan.

- Date: 2021-03-31 · published 2021-03-31T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/12933-hold-onto-your-feathers-2021-03-31-meat-poultry
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Reopening foodservice should lift poultry demand, but high feed costs squeeze margins and push producers to limit supply growth, supporting feed-ingredient demand.

## Read by commodity

- SBM: bullish ▲
- CORN: bullish ▲
- CHICKEN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-03-23 | [Rabobank Coronavirus ASF \| 2020-03-23  \| MEAT+POULTRY](https://feedsoft.ai/events/54282-rabobank-coronavirus-asf-2020-03-23-meat-poultry.md) | -0.8% | -5.0% |
| CORN | 2019-12-18 | [ASF to drive global poultry flows in 2020 \| 2019-12-18  \| MEAT+POULTRY](https://feedsoft.ai/events/55715-asf-to-drive-global-poultry-flows-in-2020-2019-12-18-meat-poultry.md) | -0.1% | -1.9% |
| CORN | 2020-12-23 | [Rabobank: Challenges ahead for poultry market in 2021 \| 2020-12-23  \| MEAT+POULTRY](https://feedsoft.ai/events/49810-rabobank-challenges-ahead-for-poultry-market-in-2021-2020-12-23-meat-poultry.md) | +4.2% | +18.2% |
| CORN | 2026-01-19 | [Outlook 2026: Global growth in poultry meat set to continue - Food & Agribusiness](https://feedsoft.ai/events/21214-outlook-2026-global-growth-in-poultry-meat-set-to-continue-food-and-agribusiness.md) | +1.1% | +1.4% |
| CORN | 2018-11-09 | [US sees slide in corn, soybean estimates for October \| 2018-11-09  \| MEAT+POULTRY](https://feedsoft.ai/events/61985-us-sees-slide-in-corn-soybean-estimates-for-october-2018-11-09-meat-poultry.md) | -6.9% | -0.6% |
| SBM | 2020-03-23 | [Rabobank Coronavirus ASF \| 2020-03-23  \| MEAT+POULTRY](https://feedsoft.ai/events/54282-rabobank-coronavirus-asf-2020-03-23-meat-poultry.md) | -0.6% | -12.2% |
| SBM | 2019-12-18 | [ASF to drive global poultry flows in 2020 \| 2019-12-18  \| MEAT+POULTRY](https://feedsoft.ai/events/55715-asf-to-drive-global-poultry-flows-in-2020-2019-12-18-meat-poultry.md) | -0.2% | -0.6% |
| SBM | 2026-01-19 | [Outlook 2026: Global growth in poultry meat set to continue - Food & Agribusiness](https://feedsoft.ai/events/21214-outlook-2026-global-growth-in-poultry-meat-set-to-continue-food-and-agribusiness.md) | +2.0% | +5.5% |

## Sources

- meatpoultry.com: https://www.meatpoultry.com/articles/24754-hold-onto-your-feathers

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