# Chicken sector maintains steady production

> CoBank says U.S. chicken production fell only about 1% in the second quarter versus nearly a 10% drop in red meat output. Chicken prices swung sharply as demand shifted from foodservice to retail, and composite prices bottomed in mid-April at 35% below year-ago levels before recovering.

- Date: 2020-07-14 · published 2020-07-14T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/52266-chicken-sector-maintains-steady-production
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Chicken supply has held up better than beef or pork, so prices are recovering but remain below last year, which keeps poultry-based feed demand soft. Feed buyers should expect continued volatility in chicken margins and limited support for feed ingredients tied to poultry.

## Read by commodity

- CHICKEN: neutral

## Sources

- feedstuffs.com: https://www.feedstuffs.com/livestock-and-poultry-market-news/chicken-sector-maintains-steady-production

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