# Sysco's Market Watch March 22, 2024 | Sysco Foodie

> A Market Trends podcast says chicken prices are rising for next week, with wings, boneless breasts and tenders up, while demand stays strong. Hatch rates fell to 78.9%, below the 80% concern level, and Texas cattle illness has been identified as avian flu that crossed species.

- Date: 2024-03-22 · published 2024-03-22T12:00:00.000Z
- Category: disease · region US · magnitude medium
- Page: https://feedsoft.ai/events/31337-sysco-s-market-watch-march-22-2024-sysco-foodie
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Lower hatch rates and rising chicken prices point to tighter broiler supply, and avian flu in cattle raises disease risk for the livestock sector.

## Read by commodity

- CHICKEN: bullish ▲
- LCATTLE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2023-12-22 | [Sysco's Market Watch December 22, 2023 \| Sysco Foodie](https://feedsoft.ai/events/32780-sysco-s-market-watch-december-22-2023-sysco-foodie.md) | +0.7% | +2.7% |
| LCATTLE | 2020-09-11 | [German African Swine Fever Case Changes Market Direction](https://feedsoft.ai/events/51244-german-african-swine-fever-case-changes-market-direction.md) | -0.1% | +4.1% |
| LCATTLE | 2024-03-25 | [US, Mexico reach deal to continue cattle imports \| Latest Market News](https://feedsoft.ai/events/31160-us-mexico-reach-deal-to-continue-cattle-imports-latest-market-news.md) | -1.8% | -2.3% |
| LCATTLE | 2026-06-10 | [Discovery of New World screwworm shouldn't have long-term market impact - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/18768-discovery-of-new-world-screwworm-shouldn-t-have-long-term-market-impact-agweek.md) | +1.4% | -2.9% |
| LCATTLE | 2019-11-05 | [China's Cooking Oil Market Boils Amid Pork Shortage, Low Soy Stocks \| ESM Magazine](https://feedsoft.ai/events/56155-china-s-cooking-oil-market-boils-amid-pork-shortage-low-soy-stocks-esm-magazine.md) | +0.6% | +2.5% |

## Sources

- foodie.sysco.com: https://foodie.sysco.com/market-watch-march-22-2024/

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