# China coronavirus curbs leave Hubei poultry farmers with 'no way to get by'

> Coronavirus restrictions have left Hubei poultry farmers unable to restock, with breeding supplier Orvia's China unit describing the situation. Duckling prices have fallen to a bottom of 5 cents each, and producers do not know what to do with their output.

- Date: 2020-02-04 · published 2020-02-04T12:00:00.000Z
- Category: disease · region China · magnitude low
- Page: https://feedsoft.ai/events/54617-china-coronavirus-curbs-leave-hubei-poultry-farmers-with-no-way-to-get-by
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Collapsing poultry prices and farmers shelving restocking reduce feed demand in China's key poultry province, which is bearish for feed ingredients.

## Read by commodity

- SBM: bearish ▼
- CHICKEN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 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) | -8.8% | -13.4% |
| SBM | 2020-03-20 | [How coronavirus, bird flu and rumours to stay off non-veg hit poultry industry hard in India](https://feedsoft.ai/events/54159-how-coronavirus-bird-flu-and-rumours-to-stay-off-non-veg-hit-poultry-industry.md) | +2.6% | -8.4% |
| SBM | 2019-01-17 | [China soybean imports show US farmers have more to fear than trade war](https://feedsoft.ai/events/60960-china-soybean-imports-show-us-farmers-have-more-to-fear-than-trade-war.md) | +0.7% | -1.5% |
| SBM | 2020-03-18 | [Ground Report: A Fake Video About Coronavirus Has Battered India’s Poultry Sector – The Wire Science](https://feedsoft.ai/events/54287-ground-report-a-fake-video-about-coronavirus-has-battered-india-s-poultry.md) | +11.3% | -2.0% |
| SBM | 2020-02-28 | [China's soy complex demand likely to fall in H1 2020 on coronavirus outbreak: Rabobank \| S&P Global](https://feedsoft.ai/events/10636-china-s-soy-complex-demand-likely-to-fall-in-h1-2020-on-coronavirus-outbreak.md) | +1.2% | +8.8% |

## Sources

- reuters.com: https://www.reuters.com/article/us-china-health-poultry/china-coronavirus-curbs-leave-hubei-poultry-farmers-with-no-way-to-get-by-idUSKBN1ZY0V4/?feedName=topNews&feedType=RSS

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