# VIDEO: Why are feed prices rising so fast? | WATTPoultry.com

> Dr. Thomas Elam of FarmEcon explained in a WATT Poultry interview that corn and soybean feed prices rose after steep production declines since the 2018/19 harvest. Feed grain ending stocks fell from 60.5 million metric tons in 2018/19 to a forecast 37.3 million, and corn stocks dropped from 2.2 billion to 1.35 billion bushels.

- Date: 2021-04-27 · published 2021-04-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/47672-video-why-are-feed-prices-rising-so-fast-wattpoultry-com
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Tightening corn and soybean stocks with strong export demand keep feed costs elevated for poultry producers, and further volatility is likely without a strong new crop.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲

## Sources

- wattagnet.com: https://www.wattagnet.com/industry-resources/watt-poultry-chat/article/15533449/video-why-are-feed-prices-rising-so-fast

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