# Russia sees strongest poultry production decline in a decade - Food & Agribusiness

> Russian poultry production fell 6.2% in the first two months of 2021, the sharpest decline in over a decade. Feed additive prices rose 260% year on year, and wheat and soybean meal costs also increased. A hatching egg shortage following import bans adds to production costs.

- Date: 2021-04-26 · published 2021-04-26T12:00:00.000Z
- Category: market · region Russia · magnitude low
- Page: https://feedsoft.ai/events/47603-russia-sees-strongest-poultry-production-decline-in-a-decade-food-and
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Rising feed costs and falling Russian output reduce poultry margins and may curb feed demand, while higher imports of feed ingredients keep wheat and soybean meal prices supported.

## Read by commodity

- SBM: bullish ▲
- WHEAT: bullish ▲
- CHICKEN: bullish ▲

## Sources

- foodagribusiness.world: https://www.foodagribusiness.world/poultry/russia-sees-strongest-poultry-production-decline-in-a-decade

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