# China warns of sustained virus impact on poultry, eggs supply

> China warned that the coronavirus outbreak will have a sustained impact on its poultry and egg supply. Poultry prices have plunged, and movement restrictions and extended holidays have paralysed the supply chain, leaving farmers with large inventories of birds and eggs as restaurant and canteen demand collapsed. One company reported losses above 100 million yuan.

- Date: 2020-02-18 · published 2020-02-18T12:00:00.000Z
- Category: disease · region China · magnitude medium
- Page: https://feedsoft.ai/events/54615-china-warns-of-sustained-virus-impact-on-poultry-eggs-supply
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Large unsold poultry inventories and weaker demand reduce near-term feed purchases by Chinese poultry farms, which is bearish for feed grains and meal demand from China.

## Read by commodity

- SBM: bearish ▼
- CORN: bearish ▼
- CHICKEN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-02-26 | [Why is the price of eggs so high? - Poultry](https://feedsoft.ai/events/26063-why-is-the-price-of-eggs-so-high-poultry.md) | -6.0% | -0.4% |
| CORN | 2017-03-24 | [Experts weigh in on the impact of Avian Influenza on the poultry industry \| WATTAgNet \| WATTPoultry.com](https://feedsoft.ai/events/72001-experts-weigh-in-on-the-impact-of-avian-influenza-on-the-poultry-industry.md) | +0.4% | -0.1% |
| CORN | 2020-03-31 | [How coronavirus is affecting China’s poultry industry \| WATTAgNet \| WATTPoultry.com](https://feedsoft.ai/events/54277-how-coronavirus-is-affecting-china-s-poultry-industry-wattagnet-wattpoultry-com.md) | -2.6% | -11.2% |
| CORN | 2018-09-13 | [A Deadly Virus Threatens Millions Of Pigs In China](https://feedsoft.ai/events/62910-a-deadly-virus-threatens-millions-of-pigs-in-china.md) | +0.3% | +2.0% |
| CORN | 2019-04-24 | [Impacts of African Swine Fever on China's Feed Industry and Soy Demand - Rabobank](https://feedsoft.ai/events/59584-impacts-of-african-swine-fever-on-china-s-feed-industry-and-soy-demand-rabobank.md) | -1.5% | +5.3% |
| SBM | 2019-02-28 | [China warns of “serious” impact of swine fever, cuts meal demand 5%](https://feedsoft.ai/events/60581-china-warns-of-serious-impact-of-swine-fever-cuts-meal-demand-5.md) | -1.0% | -0.2% |
| SBM | 2025-02-26 | [Why is the price of eggs so high? - Poultry](https://feedsoft.ai/events/26063-why-is-the-price-of-eggs-so-high-poultry.md) | -2.1% | +0.9% |
| SBM | 2017-03-24 | [Experts weigh in on the impact of Avian Influenza on the poultry industry \| WATTAgNet \| WATTPoultry.com](https://feedsoft.ai/events/72001-experts-weigh-in-on-the-impact-of-avian-influenza-on-the-poultry-industry.md) | -1.8% | -3.5% |

## Sources

- reuters.com: https://www.reuters.com/article/china-health-poultry/update-1-china-warns-of-sustained-virus-impact-on-poultry-eggs-supply-idUSL4N2AI26E/
- scmp.com: https://www.scmp.com/economy/china-economy/article/3051147/coronavirus-chinas-poultry-eggs-supply-under-pressure-frozen

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