# What’s next for major poultry markets? | WATTPoultry.com

> Rabobank's Poultry Quarterly, published in late April, expects strong global chicken demand through 2023 despite high production costs. Mexico, Japan, China, the Philippines and Saudi Arabia are performing well, while the US, Brazil, India and Indonesia face tougher conditions. Soybean and corn prices are expected to fall 5-10% from early-year levels but remain near historic highs.

- Date: 2023-05-24 · published 2023-05-24T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/36081-what-s-next-for-major-poultry-markets-wattpoultry-com
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Expected grain and soymeal declines of 5-10% would ease feed costs for poultry producers, though levels stay historically high. Steady global chicken demand supports imports and underpins feed-grain demand.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- CHICKEN: bullish ▲

## Sources

- wattagnet.com: https://www.wattagnet.com/broilers-turkeys/article/15537826/whats-next-for-major-poultry-markets

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