# Poultry feed prices continue to soar - Poultry Network

> UK spot soya meal prices have risen about £94/t since August to around £410/t, and feed wheat has climbed since May to £188.50/t ex-farm. The typical cost of a layer ration has reached its highest level since 2013.

- Date: 2020-11-27 · published 2020-11-27T12:00:00.000Z
- Category: market · region UK · magnitude medium
- Page: https://feedsoft.ai/events/50230-poultry-feed-prices-continue-to-soar-poultry-network
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Strong export demand for US soybeans, tightening US and Argentine supply estimates, and dry South American weather are pushing soymeal and wheat higher, raising feed costs for poultry buyers.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- WHEAT: bullish ▲

## Sources

- poultry.network: https://poultry.network/poultry-feed-ration-price-continues-to-soar/

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