# VIDEO: US chicken prices increase in May 2020 | WATTAgNet | WATTPoultry.com

> USDA's May 2020 meat price report showed beef, pork and chicken prices rising notably amid continued COVID-19 disruption to supply chains and demand. Beef choice cut prices rose a record 23% during the month.

- Date: 2020-06-17 · published 2020-06-17T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/52756-video-us-chicken-prices-increase-in-may-2020-wattagnet-wattpoultry-com
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Higher beef prices are expected to shift consumer demand toward chicken this summer, supporting broiler prices and feed demand.

## Read by commodity

- CHICKEN: bullish ▲
- LCATTLE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2020-12-11 | [Chinese demand feeds feed price increases](https://feedsoft.ai/events/49769-chinese-demand-feeds-feed-price-increases.md) | -0.7% | +3.2% |
| LCATTLE | 2021-05-08 | [Third Quarter 2020 Beef Imports Highest in Two Decades, Cattle Prices Lowest in 10 Years - R-CALF USA](https://feedsoft.ai/events/47032-third-quarter-2020-beef-imports-highest-in-two-decades-cattle-prices-lowest-in.md) | -0.5% | +0.7% |
| LCATTLE | 2019-02-18 | [Adjustments in Meat Production and Price Estimates - Southeast AgNET](https://feedsoft.ai/events/60709-adjustments-in-meat-production-and-price-estimates-southeast-agnet.md) | +0.8% | +2.2% |
| LCATTLE | 2020-07-22 | [USDA Releases Report on Boxed Beef and Fed Cattle Price Investigation](https://feedsoft.ai/events/52238-usda-releases-report-on-boxed-beef-and-fed-cattle-price-investigation.md) | -0.0% | +6.9% |
| LCATTLE | 2019-05-13 | [Beef Watch: Strong demand keeps beef, cattle prices firm - Canadian Cattlemen](https://feedsoft.ai/events/59049-beef-watch-strong-demand-keeps-beef-cattle-prices-firm-canadian-cattlemen.md) | -1.9% | -5.3% |

## Sources

- wattagnet.com: https://www.wattagnet.com/industry-resources/watt-poultry-chat/article/15531282/video-us-chicken-prices-increase-in-may-2020-wattagnet

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