# Abundant poultry pressures prices

> USDA's January Livestock, Dairy and Poultry Outlook raised its 2020 broiler production forecast to 45.4 billion pounds, almost 4% above 2019. Whole bird prices are forecast at 86.5 cents per pound, 3% below 2019.

- Date: 2020-01-20 · published 2020-01-20T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/55238-abundant-poultry-pressures-prices
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Larger broiler supplies relative to demand point to lower chicken prices, which weakens chicken as a competitor to pork and beef and keeps feed demand from poultry growing only modestly.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| CORN | 2020-02-07 | [US broiler supply to pressure wholesale prices and increase cold storage inventories in 2020
						 \| The Poultry Site](https://feedsoft.ai/events/54758-us-broiler-supply-to-pressure-wholesale-prices-and-increase-cold-storage.md) | -0.7% | +0.6% |
| CORN | 2020-03-12 | [Poultrymed \| 75049](https://feedsoft.ai/events/54289-poultrymed-75049.md) | -7.4% | -3.7% |
| CORN | 2023-06-20 | [High and volatile egg prices impact markets and industry business models - Poultry News](https://feedsoft.ai/events/35649-high-and-volatile-egg-prices-impact-markets-and-industry-business-models.md) | -1.6% | -13.3% |
| 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% |
| SBM | 2020-03-12 | [Poultrymed \| 75049](https://feedsoft.ai/events/54289-poultrymed-75049.md) | +2.7% | -1.0% |
| SBM | 2023-06-20 | [High and volatile egg prices impact markets and industry business models - Poultry News](https://feedsoft.ai/events/35649-high-and-volatile-egg-prices-impact-markets-and-industry-business-models.md) | -0.9% | +5.9% |
| SBM | 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) | -0.1% | +4.0% |

## Sources

- meatingplace.com: https://meatingplace.com/abundant-poultry-pressures-prices/

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