# Rabobank: Challenges ahead for poultry market in 2021 | 2020-12-23  | MEAT+POULTRY

> Rabobank's Q1 2021 Poultry Report sees further challenges for the global poultry industry in 2021, including COVID-19 impacts on foodservice and trade, high and volatile feed prices, China's African swine fever recovery, and northern hemisphere avian influenza. Declining poultry demand in China and Vietnam is expected to push traders to seek other markets.

- Date: 2020-12-23 · published 2020-12-23T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/49810-rabobank-challenges-ahead-for-poultry-market-in-2021-2020-12-23-meat-poultry
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Weak export demand and low leg and breast prices point to soft chicken values, while high grain and oilseed costs squeeze feed-based margins.

## Read by commodity

- CORN: bullish ▲
- CHICKEN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-04-04 | [Spiking grain costs challenge poultry markets: Rabobank](https://feedsoft.ai/events/42009-spiking-grain-costs-challenge-poultry-markets-rabobank.md) | +5.4% | -0.7% |
| CORN | 2020-03-23 | [Rabobank Coronavirus ASF \| 2020-03-23  \| MEAT+POULTRY](https://feedsoft.ai/events/54282-rabobank-coronavirus-asf-2020-03-23-meat-poultry.md) | -0.8% | -5.0% |
| CORN | 2021-03-31 | [Rough road ahead for global poultry: Rabobank](https://feedsoft.ai/events/12936-rough-road-ahead-for-global-poultry-rabobank.md) | +0.8% | +19.2% |
| CORN | 2022-01-18 | [Pricing, production challenges ahead: Rabobank](https://feedsoft.ai/events/43273-pricing-production-challenges-ahead-rabobank.md) | +2.5% | +9.1% |
| CORN | 2019-12-18 | [ASF to drive global poultry flows in 2020 \| 2019-12-18  \| MEAT+POULTRY](https://feedsoft.ai/events/55715-asf-to-drive-global-poultry-flows-in-2020-2019-12-18-meat-poultry.md) | -0.1% | -1.9% |

## Sources

- meatpoultry.com: https://www.meatpoultry.com/articles/24286-rabobank-challenges-ahead-for-poultry-market-in-2021

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