# Improved global poultry outlook, trade flow shifts | MEAT+POULTRY

> Rabobank's latest animal protein report says global poultry markets are moving toward more normal conditions, with poultry consumption growing. Global chicken prices rose 2%, and feed prices increased 1% for the first time in two years due to weaker harvest expectations in Brazil, North America and Europe.

- Date: 2024-07-02 · published 2024-07-02T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/29435-improved-global-poultry-outlook-trade-flow-shifts-meat-poultry
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Stronger poultry demand supports chicken prices and feed ingredient demand. Higher feed prices reflect tighter grain and oilseed supply expectations.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 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 | 2021-07-20 | [Global poultry sector set to improve post-Covid - Food & Agribusiness](https://feedsoft.ai/events/46222-global-poultry-sector-set-to-improve-post-covid-food-and-agribusiness.md) | -1.1% | -0.1% |
| CORN | 2024-10-09 | [USDA forecasts slight improvement in China’s feed demand \| MEAT+POULTRY](https://feedsoft.ai/events/27856-usda-forecasts-slight-improvement-in-china-s-feed-demand-meat-poultry.md) | -3.3% | -0.7% |
| CORN | 2022-01-13 | [2022 Poultry Outlook: 7 macro trends apt to affect feed \| Feed Strategy](https://feedsoft.ai/events/43284-2022-poultry-outlook-7-macro-trends-apt-to-affect-feed-feed-strategy.md) | -1.3% | +5.3% |
| SOY | 2022-01-13 | [2022 Poultry Outlook: 7 macro trends apt to affect feed \| Feed Strategy](https://feedsoft.ai/events/43284-2022-poultry-outlook-7-macro-trends-apt-to-affect-feed-feed-strategy.md) | +2.5% | +13.2% |
| SOY | 2020-11-23 | [Outlook for U.S. Agricultural Trade - WITA](https://feedsoft.ai/events/50016-outlook-for-u-s-agricultural-trade-wita.md) | -1.1% | +5.3% |
| SOY | 2023-12-29 | [2024 Poultry Sector Outlook - Canadian Poultry Magazine](https://feedsoft.ai/events/11436-2024-poultry-sector-outlook-canadian-poultry-magazine.md) | -4.3% | -8.5% |

## Sources

- meatpoultry.com: https://www.meatpoultry.com/articles/30427-improved-global-poultry-outlook-trade-flow-shifts

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