# W25: Chicken Update

> FAO expects global meat production in 2023 to reach about 364 million mt, with chicken gaining share at 39.21% of the total. Rabobank expects global chicken and egg prices to stay relatively high through 2023, though lower on average than in Q1 2023. Brazilian fresh chicken exports fell 35% in the first half of June compared with the prior two weeks.

- Date: 2023-06-30 · published 2023-06-30T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/35646-w25-chicken-update
- 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

Expanding chicken output and softer Brazilian export flows point to moderating poultry prices, while high feed and energy costs keep a floor under the sector's demand for feed ingredients.

## Read by commodity

- SBM: neutral
- CORN: neutral
- CHICKEN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-07-21 | [W28: Maize (Corn) Update](https://feedsoft.ai/events/35075-w28-maize-corn-update.md) | +9.5% | -5.9% |
| CORN | 2023-06-23 | [W24: Maize (Corn) Update](https://feedsoft.ai/events/35511-w24-maize-corn-update.md) | -8.6% | -15.1% |
| CORN | 2025-04-18 | [W15 2025: Maize Weekly Update](https://feedsoft.ai/events/25120-w15-2025-maize-weekly-update.md) | -0.1% | -5.5% |
| CORN | 2026-04-13 | [April 2026 WASDE Update](https://feedsoft.ai/events/19663-april-2026-wasde-update.md) | +1.7% | +3.2% |
| CORN | 2024-10-16 | [October 2024 WASDE Update](https://feedsoft.ai/events/27805-october-2024-wasde-update.md) | +2.5% | +3.9% |
| SBM | 2023-05-18 | [W19: Soybean Oil Update](https://feedsoft.ai/events/36026-w19-soybean-oil-update.md) | -4.8% | -7.9% |
| SBM | 2024-12-27 | [W51 2024: Soybean Weekly Update](https://feedsoft.ai/events/11400-w51-2024-soybean-weekly-update.md) | -1.5% | +0.2% |
| SBM | 2018-11-29 | [Weak demand for chicken shows in frozen inventories](https://feedsoft.ai/events/62193-weak-demand-for-chicken-shows-in-frozen-inventories.md) | +0.7% | +0.3% |

## Sources

- tridge.com: https://www.tridge.com/weekly-product-updates/w25-chicken-update

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