# FAS forecasts China's chicken production, consumption down in 2024

> USDA's Foreign Agricultural Service forecasts China's chicken meat production and consumption to decline modestly in 2024 versus 2023. The drop reflects HPAI-related import restrictions on avian genetics, live poultry market closures and price pressure carried over from 2023. Chicken meat imports are forecast at 770,000 metric tons.

- Date: 2024-02-20 · published 2024-02-20T12:00:00.000Z
- Category: report · region China · magnitude low
- Page: https://feedsoft.ai/events/31831-fas-forecasts-china-s-chicken-production-consumption-down-in-2024
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Lower Chinese broiler output reduces feed grain and meal demand from China's largest poultry sector, a bearish factor for global feed trade. The effect is modest given the forecast scale.

## Read by commodity

- SBM: bearish ▼
- CORN: bearish ▼
- CHICKEN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-08-10 | [USDA Forecasts Record-High Soybean Production in 2017](https://feedsoft.ai/events/69299-usda-forecasts-record-high-soybean-production-in-2017.md) | -4.5% | -6.5% |
| CORN | 2020-08-18 | [U.S. chicken production, prices down - High Plains Journal](https://feedsoft.ai/events/51766-u-s-chicken-production-prices-down-high-plains-journal.md) | -0.0% | +5.4% |
| CORN | 2023-05-23 | [USDA forecasts record-large corn, soy production in 2023 \| Food Business News](https://feedsoft.ai/events/13277-usda-forecasts-record-large-corn-soy-production-in-2023-food-business-news.md) | -1.8% | +0.2% |
| CORN | 2022-09-01 | [Conab forecasts increased soybean, corn, and cotton production in Brazil](https://feedsoft.ai/events/13701-conab-forecasts-increased-soybean-corn-and-cotton-production-in-brazil.md) | -1.8% | -2.9% |
| CORN | 2017-09-22 | [Pork imports slow in China as domestic pork production rebounds](https://feedsoft.ai/events/68942-pork-imports-slow-in-china-as-domestic-pork-production-rebounds.md) | +0.2% | +2.5% |
| SBM | 2017-08-10 | [USDA Forecasts Record-High Soybean Production in 2017](https://feedsoft.ai/events/69299-usda-forecasts-record-high-soybean-production-in-2017.md) | -3.9% | -1.4% |
| SBM | 2020-08-18 | [U.S. chicken production, prices down - High Plains Journal](https://feedsoft.ai/events/51766-u-s-chicken-production-prices-down-high-plains-journal.md) | -3.1% | +5.4% |
| SBM | 2023-05-23 | [USDA forecasts record-large corn, soy production in 2023 \| Food Business News](https://feedsoft.ai/events/13277-usda-forecasts-record-large-corn-soy-production-in-2023-food-business-news.md) | -2.5% | +0.5% |

## Sources

- meatingplace.com: https://meatingplace.com/fas-forecasts-chinas-chicken-production-consumption-down-in-2024/

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