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The National Chicken Council's data page reports that meat sales surged 77% in the week of March 15 as COVID-19 cases grew. The page otherwise presents general industry statistics on broiler production, exports and prices.
A sharp jump in retail chicken sales signals strong domestic demand that supports broiler prices and feed grain consumption.
nationalchickencouncil.orgNCCAdminMar 23, 2020Not enough comparable past events yet for a historical read.
After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
