# Chicken Meat Prices Skyrocket Due to Restored Demand in the HoReCa, a Flash of the Bird Flu and Increasing Costs for Grains - Global Trade Magazine

> IndexBox reports that global chicken meat prices have risen sharply in 2021, driven by restored foodservice demand, higher feed grain and food costs, and a slowdown in EU, South Korean and Japanese slaughter. Shipping container costs are also lifting export prices, while global production is forecast flat at 123M tonnes.

- Date: 2021-09-08 · published 2021-09-08T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/45210-chicken-meat-prices-skyrocket-due-to-restored-demand-in-the-horeca-a-flash-of
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Tighter broiler supply and higher feed costs support chicken prices, and buyers of feed should expect those cost pressures to persist. Saudi Arabia's ban on Brazilian chicken could further tighten export availability.

## Read by commodity

- CHICKEN: bullish ▲

## Sources

- globaltrademag.com: https://www.globaltrademag.com/chicken-meat-prices-skyrocket-due-to-restored-demand-in-the-horeca-a-flash-of-the-bird-flu-and-increasing-costs-for-grains/

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