# Poultry price increases expected to ease: AgriTrends Report

> Absa's AgriTrends Report expects South African poultry price increases to ease to about 1% this year, helped by a stronger rand and production growth from suppliers such as Brazil. Lower feed prices are expected to improve producer margins and could stimulate supply.

- Date: 2024-09-12 · published 2024-09-12T12:00:00.000Z
- Category: report · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/28464-poultry-price-increases-expected-to-ease-agritrends-report
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower feed costs and expanding supply point to softer chicken prices, which weighs on poultry demand for feed in South Africa.

## Read by commodity

- CORN: neutral
- CHICKEN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-12-16 | [Nitrogen Supply Expected to Increase in 2025, Positive News for Price](https://feedsoft.ai/events/27259-nitrogen-supply-expected-to-increase-in-2025-positive-news-for-price.md) | +2.3% | +7.2% |
| CORN | 2018-02-28 | [Poultry outlook sees increased production, exports](https://feedsoft.ai/events/66641-poultry-outlook-sees-increased-production-exports.md) | +1.6% | +2.1% |
| CORN | 2022-01-13 | [European poultrymeat markets expected to recover in 2022 - Poultry Network](https://feedsoft.ai/events/43280-european-poultrymeat-markets-expected-to-recover-in-2022-poultry-network.md) | -1.3% | +5.3% |
| CORN | 2023-03-07 | [China pork production expected to rise slightly in 2023 - GAIN report
						 \| The Pig Site](https://feedsoft.ai/events/36848-china-pork-production-expected-to-rise-slightly-in-2023-gain-report-the-pig-site.md) | -2.1% | -0.5% |
| CORN | 2019-02-11 | [Reaction to Much-Anticipated Reports Not Quite What Expected - ProAg](https://feedsoft.ai/events/60554-reaction-to-much-anticipated-reports-not-quite-what-expected-proag.md) | +1.2% | -2.0% |

## Sources

- iol.co.za: https://iol.co.za/business-report/economy/2024-09-12-poultry-price-increases-expected-to-ease-agritrends-report/

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