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

> IndexBox reports that global chicken meat prices have risen sharply in 2021 on strong demand from foodservice and retail, higher feed grain costs, and reduced EU, South Korean and Japanese slaughter after avian flu. EU broiler prices in week 29 were 10% above the prior year, and Saudi Arabia's ban on Brazilian chicken may cut Brazilian exports.

- Date: 2021-08-18 · published 2021-08-18T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/45692-chicken-meat-prices-skyrocket-due-to-restored-demand-in-the-horeca-a-flash-of
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Higher chicken prices reflect tight supply and firm feed costs, and the Saudi ban could shift export flows and affect Brazilian chicken and feed demand.

## Read by commodity

- CORN: bullish ▲
- CHICKEN: bullish ▲

## Sources

- indexbox.io: https://www.indexbox.io/blog/global-chicken-meat-market-2021-key-insights/

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