# Avian influenza, feed prices and covid-19: a challenge for the recovery of the poultry industry

> Rabobank's Q2 2021 Poultry Quarterly notes uneven industry recovery, with the US, Mexico, Japan and Russia showing strength while Brazil, Thailand, Ukraine, Poland and the Netherlands face oversupply. Corn rose 30%, wheat 9% and soybeans 14% over the prior quarter, squeezing margins where feed is up to 70% of production cost.

- Date: 2021-04-05 · published 2021-04-05T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/47607-avian-influenza-feed-prices-and-covid-19-a-challenge-for-the-recovery-of-the
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Grain price gains raise feed costs for poultry producers and reduce margins, while oversupply in export countries weighs on global poultry prices.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲
- CHICKEN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2026-07-29 | [Egg and chicken prices are climbing, and that's good news for India's big poultry companies - aviNews, the global poultry magazine](https://feedsoft.ai/events/18507-egg-and-chicken-prices-are-climbing-and-that-s-good-news-for-india-s-big.md) | -3.5% | +5.0% |
| CORN | 2020-12-23 | [Rabobank: Challenges ahead for poultry market in 2021 \| 2020-12-23  \| MEAT+POULTRY](https://feedsoft.ai/events/49810-rabobank-challenges-ahead-for-poultry-market-in-2021-2020-12-23-meat-poultry.md) | +4.2% | +18.2% |
| CORN | 2020-12-15 | [Surging feed prices will test recovery in US animal protein production](https://feedsoft.ai/events/49813-surging-feed-prices-will-test-recovery-in-us-animal-protein-production.md) | -1.7% | +15.6% |
| CORN | 2022-07-11 | [FAS report shares growing demand for feed in China \| MEAT+POULTRY](https://feedsoft.ai/events/40470-fas-report-shares-growing-demand-for-feed-in-china-meat-poultry.md) | -14.4% | -15.9% |
| CORN | 2023-05-11 | [Fed, feeder cattle prices in record-high range - Canadian Cattlemen](https://feedsoft.ai/events/35881-fed-feeder-cattle-prices-in-record-high-range-canadian-cattlemen.md) | -9.2% | -10.3% |
| WHEAT | 2019-11-20 | [Wheat prices rose on the results of the tender and data on crops in the United States](https://feedsoft.ai/events/11888-wheat-prices-rose-on-the-results-of-the-tender-and-data-on-crops-in-the-united.md) | +0.9% | -0.7% |
| WHEAT | 2021-07-30 | [A new decline in crop forecasts for the US, Canada and Russia continued to raise wheat prices](https://feedsoft.ai/events/46103-a-new-decline-in-crop-forecasts-for-the-us-canada-and-russia-continued-to-raise.md) | +1.6% | +2.4% |
| WHEAT | 2021-02-04 | [Another surge in the value of FAO Food Price Index in January -](https://feedsoft.ai/events/48657-another-surge-in-the-value-of-fao-food-price-index-in-january.md) | -0.2% | +11.9% |

## Sources

- avinews.com: https://avinews.com/en/avian-influenza-feed-prices-and-covid-19-a-challenge-for-the-recovery-of-the-poultry-industry/

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