# Chicken industry can weather a downturn: CoBank

> CoBank's Poultry Outlook says US poultry profitability is under pressure as meat prices fall amid growing supply. Six new processing plants are expected by 2020, and the bank notes the industry is more responsive to demand than in past downturns.

- Date: 2019-07-04 · published 2019-07-04T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/58240-chicken-industry-can-weather-a-downturn-cobank
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Expanding US processing capacity and falling meat prices point to continued pressure on chicken prices, though stronger balance sheets may limit cutbacks in feed purchases.

## Read by commodity

- CHICKEN: bearish ▼

## Sources

- meatingplace.com: https://meatingplace.com/chicken-industry-can-weather-a-downturn-cobank/

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