# US broiler supply to pressure wholesale prices and increase cold storage inventories in 2020
						 | The Poultry Site

> USDA data show November US broiler production rose 4.2% on an adjusted basis, with slaughter and live weights both increasing. The 2020 US broiler production forecast was raised to 45.4 billion pounds, almost 4% above 2019.

- Date: 2020-02-07 · published 2020-02-07T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/54758-us-broiler-supply-to-pressure-wholesale-prices-and-increase-cold-storage
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Larger broiler supplies and higher cold storage stocks are expected to keep whole bird prices about 3% lower in 2020, which weakens chicken prices and feed demand.

## Read by commodity

- CORN: neutral
- CHICKEN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-12-16 | [Nitrogen Supply Expected to Increase in 2025, Positive News for Price](https://feedsoft.ai/events/27259-nitrogen-supply-expected-to-increase-in-2025-positive-news-for-price.md) | +2.3% | +7.2% |
| CORN | 2020-06-01 | [Tightening egg supply and surge in retail demand pushed wholesale egg prices to record levels in March \| Economic Research Service](https://feedsoft.ai/events/52624-tightening-egg-supply-and-surge-in-retail-demand-pushed-wholesale-egg-prices-to.md) | +2.0% | -0.6% |
| CORN | 2024-08-13 | [Despite lower production and inventory forecasts in the USDA report, wheat exchange prices fell](https://feedsoft.ai/events/28812-despite-lower-production-and-inventory-forecasts-in-the-usda-report-wheat.md) | -1.2% | +0.1% |
| CORN | 2026-06-16 | [US egg prices fall sharply as flock rebuilds after HPAI losses
						 \| The Poultry Site](https://feedsoft.ai/events/18789-us-egg-prices-fall-sharply-as-flock-rebuilds-after-hpai-losses-the-poultry-site.md) | -0.8% | +1.7% |
| CORN | 2024-09-12 | [Poultry price increases expected to ease: AgriTrends Report](https://feedsoft.ai/events/28464-poultry-price-increases-expected-to-ease-agritrends-report.md) | +4.9% | +5.1% |

## Sources

- thepoultrysite.com: https://www.thepoultrysite.com/articles/us-broiler-supply-to-pressure-wholesale-prices-and-increase-cold-storage-inventories-in-2020

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