# Poultry Market Outlook - June - Ceva Poultry

> A June poultry market outlook reports that commodity prices stabilized or declined in June after rising in May. It notes US corn is 75% good to excellent, US soybean planting is 78% complete, and Rotterdam soybean meal traded at $481/t.

- Date: 2024-06-30 · published 2024-06-30T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/29843-poultry-market-outlook-june-ceva-poultry
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Improving US crop conditions and falling Chicago prices reduce feed cost pressure, though Brazilian corn estimates remain uncertain.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼

## Sources

- poultry.ceva.com: https://poultry.ceva.com/news-events/poultry-market-outlook-june/

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