# Corn Prices Up 20% Since September, And Brazil’s Chicken Farmers Feel The Squeeze | Investor's Business Daily

> Corn prices have risen about 20% since September, squeezing Brazilian chicken producers whose margins are being eroded by pricier grain. Brazil is shipping record corn volumes amid bumper production, and a weaker real is boosting the country's export competitiveness.

- Date: 2019-10-24 · published 2019-10-24T12:00:00.000Z
- Category: market · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/56711-corn-prices-up-20-since-september-and-brazil-s-chicken-farmers-feel-the-squeeze
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Higher corn costs raise poultry production expenses and feed-grain pricing, while record Brazilian corn exports and a weaker real add export competition in global corn markets.

## Read by commodity

- CORN: bullish ▲
- USDBRL: bullish ▲
- CHICKEN: bearish ▼

## Sources

- investors.com: https://www.investors.com/research/futures/corn-prices-up-20-percent-since-september-brazil-chicken-farmers-feel-squeeze/

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