# Rough road ahead for global poultry: Rabobank

> Rabobank expects 2021 poultry growth to face COVID-19 disruptions, volatile feed prices and avian influenza. Grain and oilseed prices rose in Q1 2021, partly on unprecedented Chinese import demand, and are expected to stay high through 2021 at slightly lower levels than Q1. Japan, South Korea, Russia, the EU and UK have been heavily hit by avian influenza.

- Date: 2021-03-31 · published 2021-03-31T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/12936-rough-road-ahead-for-global-poultry-rabobank
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Persistently high grain prices, which make up as much as 70% of poultry production costs, support feed demand and point to firm grain and meal prices through 2021.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲
- CHICKEN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2024-07-02 | [Global poultry markets rebounding - Rabobank
						 \| The Poultry Site](https://feedsoft.ai/events/29436-global-poultry-markets-rebounding-rabobank-the-poultry-site.md) | +0.8% | +0.7% |
| CORN | 2018-09-21 | [Rabobank: Global poultry sector faces ongoing volatility - Food & Agribusiness](https://feedsoft.ai/events/63197-rabobank-global-poultry-sector-faces-ongoing-volatility-food-and-agribusiness.md) | +3.0% | +4.1% |
| CORN | 2021-07-02 | [Rabobank: Vaccinations, reopening economies are tailwinds for global poultry growth  \| MEAT+POULTRY](https://feedsoft.ai/events/46219-rabobank-vaccinations-reopening-economies-are-tailwinds-for-global-poultry.md) | -4.2% | -11.6% |
| CORN | 2021-12-16 | [Global poultry demand up, but supply pressures stay in '22: Rabobank](https://feedsoft.ai/events/43769-global-poultry-demand-up-but-supply-pressures-stay-in-22-rabobank.md) | -2.7% | +0.4% |
| SOY | 2021-12-16 | [Global poultry demand up, but supply pressures stay in '22: Rabobank](https://feedsoft.ai/events/43769-global-poultry-demand-up-but-supply-pressures-stay-in-22-rabobank.md) | +5.2% | +8.1% |
| SOY | 2024-07-02 | [Improved global poultry outlook, trade flow shifts \| MEAT+POULTRY](https://feedsoft.ai/events/29435-improved-global-poultry-outlook-trade-flow-shifts-meat-poultry.md) | +0.2% | -11.4% |
| SOY | 2022-07-19 | [The Mighty US Crop Markets Through 2030: Our Long-term Outlook for Corn, Soybeans, and Wheat - Rabobank](https://feedsoft.ai/events/15377-the-mighty-us-crop-markets-through-2030-our-long-term-outlook-for-corn-soybeans.md) | -1.6% | -0.2% |

## Sources

- meatingplace.com: https://meatingplace.com/rough-road-ahead-for-global-poultry-rabobank/

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