CoBank reports that value-added chicken products are driving growth in the US poultry industry. More than $2.7 billion has been invested in chicken processing facilities since 2020, with per-capita consumption expected to rise by over 107 pounds by 2030.
Expanding processing capacity and rising chicken consumption support long-term demand for poultry feed ingredients such as corn and soybean meal.
Not enough comparable past events yet for a historical read.
After 151 past bullish macro events, Corn moved a median +0.2% over 5 sessions (57% higher; middle half -0.9% to +1.4%), and -0.3% over 20.
After 44 past bullish macro events, Soybean Meal moved a median -0.6% over 5 sessions (34% higher; middle half -1.9% to +0.9%), and -2.9% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.