# Chicken prices rise as consumers stay home during COVID-19 | WATTAgNet | WATTPoultry.com

> CoBank's quarterly report raised its 2020 U.S. chicken supply growth forecast to 3-4% from 2-3%, after production rose 7.7% in the first two months of the year. Consumers shifting to at-home dining pushed chicken breast prices up faster than the seasonal norm.

- Date: 2020-04-06 · published 2020-04-06T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/53792-chicken-prices-rise-as-consumers-stay-home-during-covid-19-wattagnet
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Stronger retail demand is lifting chicken prices, but higher supply growth limits the upside. Whether the price gains hold depends on how much foodservice demand shifts to retail.

## Read by commodity

- CHICKEN: bullish ▲

## Sources

- wattagnet.com: https://www.wattagnet.com/poultry-future/consumer-trends/article/15530721/chicken-prices-rise-as-consumers-stay-home-during-covid-19-wattagnet

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