# North America faces high feed prices, tight grain supply | Feed Strategy

> Rabobank's April North American Agribusiness Review says drought in the Southern Plains and 4.2 million fewer US corn acres planted in 2022 will keep the feed grain balance tight. Chicken prices are 66% above a year earlier, and volatility is expected through the summer.

- Date: 2022-04-22 · published 2022-04-22T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/41977-north-america-faces-high-feed-prices-tight-grain-supply-feed-strategy
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Lower US corn plantings combined with drought and war-driven export demand for corn point to sustained high feed grain prices, with few substitution options for feed buyers.

## Read by commodity

- CORN: bullish ▲
- CHICKEN: bullish ▲
- SORGHUM: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-03-01 | [North American producers seeing higher meat, grain prices \| Feed Strategy](https://feedsoft.ai/events/12937-north-american-producers-seeing-higher-meat-grain-prices-feed-strategy.md) | +0.6% | +5.4% |
| CORN | 2026-05-21 | [Corn Supply Falls While Feed Grain Prices Rise - RFD-TV](https://feedsoft.ai/events/19340-corn-supply-falls-while-feed-grain-prices-rise-rfd-tv.md) | -0.8% | -7.6% |
| CORN | 2022-11-01 | [Feed ingredient availability low, keeping prices high \| Feed Strategy](https://feedsoft.ai/events/38736-feed-ingredient-availability-low-keeping-prices-high-feed-strategy.md) | +0.0% | -2.8% |
| CORN | 2024-04-17 | [USDA: Low corn prices spur greater feed use \| Feed Strategy](https://feedsoft.ai/events/30829-usda-low-corn-prices-spur-greater-feed-use-feed-strategy.md) | +0.2% | +2.7% |
| CORN | 2021-05-05 | [Prices higher, corn continues tight: IGC - Grain Central](https://feedsoft.ai/events/47118-prices-higher-corn-continues-tight-igc-grain-central.md) | +1.4% | -4.0% |

## Sources

- feedstrategy.com: https://www.feedstrategy.com/business-markets/article/15442865/north-america-faces-high-feed-prices-tight-grain-supply

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