# Subsidy withdrawal: Why did chicken prices fall? | Malaysiakini

> Malaysia discontinued poultry subsidies from November 1, 2023, but chicken prices fell below the previous controlled price of RM9.40 per kg. Industry groups say supply is adequate and demand only rises briefly during festive seasons.

- Date: 2023-11-02 · published 2023-11-02T12:00:00.000Z
- Category: policy · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/33323-subsidy-withdrawal-why-did-chicken-prices-fall-malaysiakini
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Stable domestic chicken supply and lower prices indicate no major shift in Malaysian feed demand, so the market impact is minor.

## Read by commodity

- CHICKEN: bearish ▼

## Sources

- staging.malaysiakini.com: https://staging.malaysiakini.com/news/685228-subsidy-withdrawal-why-did-chicken-prices-fall

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