# Poultry Market Outlook - May - Ceva Poultry

> Ceva's May outlook reports that global farm input and commodity prices rose during May on unfavorable weather. It cites confirmed Argentine corn losses to disease, with the Buenos Aires Grain Exchange cutting its estimate to 46.5 Mt from 55 Mt, plus Brazilian flood disruption and delayed European sowing. European soybean meal reached $479/t, up $50/t from April.

- Date: 2024-05-31 · published 2024-05-31T12:00:00.000Z
- Category: weather · region Global · magnitude medium
- Page: https://feedsoft.ai/events/30387-poultry-market-outlook-may-ceva-poultry
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Weather-driven crop losses in South America and delayed planting in Europe tighten feed grain and protein supplies, supporting corn and soybean meal prices for feed buyers.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-04-17 | [Central America Regional Supply and Market Outlook \| FEWS NET](https://feedsoft.ai/events/53558-central-america-regional-supply-and-market-outlook-fews-net.md) | -0.9% | -1.5% |
| CORN | 2023-01-31 | [Canada Know-Risk Market Outlook \| US HRW Wheat Ratings Improve](https://feedsoft.ai/events/37824-canada-know-risk-market-outlook-us-hrw-wheat-ratings-improve.md) | +1.3% | -4.0% |
| CORN | 2024-09-16 | [Corn market outlook, supply and cost management challenges - Fastmarkets](https://feedsoft.ai/events/28324-corn-market-outlook-supply-and-cost-management-challenges-fastmarkets.md) | +1.6% | +2.7% |
| CORN | 2017-05-01 | [U.S. Corn Futures Review & Outlook: Planting Progress Update - See It Market](https://feedsoft.ai/events/10484-u-s-corn-futures-review-and-outlook-planting-progress-update-see-it-market.md) | +1.1% | +4.2% |
| CORN | 2021-04-20 | [What to look out for in northern market \| Farm Weekly \| WA](https://feedsoft.ai/events/47560-what-to-look-out-for-in-northern-market-farm-weekly-wa.md) | +14.8% | +12.7% |
| SBM | 2018-03-22 | [Market trends: Spike in feed cost sees rations rise - Poultry World](https://feedsoft.ai/events/66077-market-trends-spike-in-feed-cost-sees-rations-rise-poultry-world.md) | +1.9% | +2.4% |
| SBM | 2017-01-12 | [Weather clouds agricultural outlook in Argentina](https://feedsoft.ai/events/72843-weather-clouds-agricultural-outlook-in-argentina.md) | +12.1% | +8.9% |
| SBM | 2024-10-21 | [Market Snapshot \| October 21, 2024 - Pro Farmer](https://feedsoft.ai/events/11151-market-snapshot-october-21-2024-pro-farmer.md) | -3.2% | -8.1% |

## Sources

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

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