# Grain bear market helps the world poultry industry
						 | The Poultry Site

> World chicken production grew just 0.5% last year due to a slowing economy, high grain prices and avian influenza losses. Production growth is forecast at only 0.85% this year, with grain prices now depressed.

- Date: 2024-03-14 · published 2024-03-14T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/31340-grain-bear-market-helps-the-world-poultry-industry-the-poultry-site
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Lower grain prices reduce feed costs for poultry producers, and slow flock growth limits additional feed demand, leaving the feed price outlook mixed to softer.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- CHICKEN: neutral

## Sources

- thepoultrysite.com: https://www.thepoultrysite.com/articles/grain-bear-market-helps-the-world-poultry-industry

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