# High demand, tight production make for bullish poultry market | MEAT+POULTRY

> Rabobank's Q3 2022 report calls the global poultry market bullish, with high demand and tight supply. Europe's avian influenza season was the worst on record with 53 million birds culled, and U.S. outbreaks culled 38 million birds. Soymeal prices are up about 60% and feed costs are expected to stay high.

- Date: 2022-07-05 · published 2022-07-05T12:00:00.000Z
- Category: disease · region Global · magnitude medium
- Page: https://feedsoft.ai/events/40638-high-demand-tight-production-make-for-bullish-poultry-market-meat-poultry
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Tight poultry supply and high feed costs support chicken prices and sustain demand for soybean meal and other feed ingredients. Disease-driven flock losses limit near-term supply recovery.

## Read by commodity

- SBM: bullish ▲
- CHICKEN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2021-08-16 | [Avian influenza leads to decline in poultry meat production across EU - Poultry News](https://feedsoft.ai/events/45691-avian-influenza-leads-to-decline-in-poultry-meat-production-across-eu-poultry.md) | -1.4% | -3.9% |
| SBM | 2019-04-10 | [ASF spreads to Tibet \| 2019-04-10  \| MEAT+POULTRY](https://feedsoft.ai/events/59459-asf-spreads-to-tibet-2019-04-10-meat-poultry.md) | -0.8% | -6.6% |
| SBM | 2020-02-03 | [African Swine Fever Shrinks Pork Production in China, Swells Demand for Imported Pork \| Economic Research Service](https://feedsoft.ai/events/54484-african-swine-fever-shrinks-pork-production-in-china-swells-demand-for-imported.md) | -0.6% | +3.8% |
| SBM | 2019-05-31 | [Global poultry demand strengthened by ASF - Pig World](https://feedsoft.ai/events/59230-global-poultry-demand-strengthened-by-asf-pig-world.md) | -3.5% | -4.6% |
| SBM | 2019-09-25 | [Chinese demand pushing meat prices higher \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/57213-chinese-demand-pushing-meat-prices-higher-iowa-agribusiness-radio-network.md) | +2.9% | +3.9% |

## Sources

- meatpoultry.com: https://www.meatpoultry.com/articles/26849-high-demand-tight-production-make-for-bullish-poultry-market

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