# Collapse in chicken demand stuns poultry industry | WATTPoultry.com

> Chicken prices collapsed alongside demand in the second half of 2022, with boneless breast and wing prices falling sharply from May highs. Broiler production rose nearly 3% year over year in Q3 and chick placements were up 5%, adding to supply.

- Date: 2022-11-02 · published 2022-11-02T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/38819-collapse-in-chicken-demand-stuns-poultry-industry-wattpoultry-com
- 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

Weaker broiler margins and rising supply point to lower poultry meal and feed demand, which is bearish for feed ingredient prices tied to chicken production.

## Read by commodity

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

## Sources

- wattagnet.com: https://www.wattagnet.com/poultry-future/consumer-trends/article/15536804/collapse-in-chicken-demand-stuns-poultry-industry

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