# USDA lowers retail poultry price forecast

> USDA's monthly CPI showed retail poultry prices fell 0.9% from June to July and are down 1.8% year over year. Higher production and heavier bird weights have raised supply forecasts for the rest of 2019, and USDA revised its 2019 poultry price forecast downward.

- Date: 2019-08-27 · published 2019-08-27T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/57735-usda-lowers-retail-poultry-price-forecast
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Expanding poultry supply and softer retail prices point to weaker chicken prices ahead, which reduces the incentive to expand poultry feed demand.

## Read by commodity

- CHICKEN: bearish ▼

## Sources

- meatingplace.com: https://meatingplace.com/usda-lowers-retail-poultry-price-forecast/

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