# North American producers seeing higher meat, grain prices | Feed Strategy

> Rabobank's February 2021 North American Agribusiness Review reports higher poultry and pork prices as corn, soybeans and wheat rally. Broiler slaughter fell 3.1% year over year, wing and breast prices rose sharply, and hog markets are expected to stay firm through Q1 2021.

- Date: 2021-03-01 · published 2021-03-01T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/12937-north-american-producers-seeing-higher-meat-grain-prices-feed-strategy
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Higher grain and feed costs, combined with tighter broiler and hog supply, support firm feed-grain demand and meat prices, though rising feed costs may trim bird weights.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-04-22 | [North America faces high feed prices, tight grain supply \| Feed Strategy](https://feedsoft.ai/events/41977-north-america-faces-high-feed-prices-tight-grain-supply-feed-strategy.md) | -0.2% | -2.1% |
| CORN | 2022-11-01 | [Feed ingredient availability low, keeping prices high \| Feed Strategy](https://feedsoft.ai/events/38736-feed-ingredient-availability-low-keeping-prices-high-feed-strategy.md) | +0.0% | -2.8% |
| CORN | 2024-04-17 | [USDA: Low corn prices spur greater feed use \| Feed Strategy](https://feedsoft.ai/events/30829-usda-low-corn-prices-spur-greater-feed-use-feed-strategy.md) | +0.2% | +2.7% |
| CORN | 2021-08-17 | [Corn prices rise again after USDA cuts crop estimates \| Feed Strategy](https://feedsoft.ai/events/45597-corn-prices-rise-again-after-usda-cuts-crop-estimates-feed-strategy.md) | -2.8% | -11.4% |
| CORN | 2021-04-06 | [USDA signaling higher feed additive prices for 2021 - Benison Media](https://feedsoft.ai/events/47939-usda-signaling-higher-feed-additive-prices-for-2021-benison-media.md) | +1.7% | +24.1% |
| SOY | 2021-08-17 | [Corn prices rise again after USDA cuts crop estimates \| Feed Strategy](https://feedsoft.ai/events/45597-corn-prices-rise-again-after-usda-cuts-crop-estimates-feed-strategy.md) | -6.0% | -7.2% |
| SOY | 2021-04-06 | [USDA signaling higher feed additive prices for 2021 - Benison Media](https://feedsoft.ai/events/47939-usda-signaling-higher-feed-additive-prices-for-2021-benison-media.md) | -2.2% | +10.4% |
| SOY | 2020-11-03 | [Grains, oilseeds prices six-year high: IGC - Grain Central](https://feedsoft.ai/events/50192-grains-oilseeds-prices-six-year-high-igc-grain-central.md) | +5.2% | +10.6% |

## Sources

- feedstrategy.com: https://www.feedstrategy.com/latest-news/article/15442043/north-american-producers-seeing-higher-meat-grain-prices

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