# High production, competing proteins, closed foreign markets challenge U.S. chicken industry

> Industry executives at the Chicken Marketing Summit forecast 2-10% more US chicken supply by the end of 2020, with Koch Foods projecting 10% and Rabobank 2%. Closed foreign markets, including China, and competing proteins are weighing on demand.

- Date: 2019-07-23 · published 2019-07-23T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/58239-high-production-competing-proteins-closed-foreign-markets-challenge-u-s-chicken
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Rising US chicken output against limited export outlets points to weaker broiler prices and softer demand for feed ingredients.

## Read by commodity

- CORN: neutral
- CHICKEN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-12-19 | [Market Perspectives - December 19, 2024 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/11563-market-perspectives-december-19-2024-u-s-grains-and-bioproducts-council.md) | +2.0% | +7.4% |
| CORN | 2020-11-20 | [Decoding the price fluctuations of 2020 feed byproducts - High Plains Journal](https://feedsoft.ai/events/50261-decoding-the-price-fluctuations-of-2020-feed-byproducts-high-plains-journal.md) | +0.1% | +1.2% |
| CORN | 2024-11-22 | [International corn market pressured by strong dollar](https://feedsoft.ai/events/6063-international-corn-market-pressured-by-strong-dollar.md) | -2.0% | +2.8% |
| CORN | 2022-05-25 | [What's in Store for the 2022 Feeder Cattle Market?](https://feedsoft.ai/events/5071-what-s-in-store-for-the-2022-feeder-cattle-market.md) | -2.8% | -3.7% |
| CORN | 2018-06-04 | [Market Outlook Considerations for Week Beginning June 4, 2018](https://feedsoft.ai/events/6747-market-outlook-considerations-for-week-beginning-june-4-2018.md) | -2.0% | -7.4% |

## Sources

- meatingplace.com: https://meatingplace.com/high-production-competing-proteins-closed-foreign-markets-challenge-u-s-chicken-industry/

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