# Meat stocks slide on feed cost fears

> Shares of meat and poultry processors fell after analysts at Mizuho cut near-term estimates on higher feed costs. Wet Midwest weather and flooding are seen limiting harvested acreage and tightening U.S. grain supply. USDA had recently cut its U.S. corn crop forecast by 1 billion bushels.

- Date: 2019-06-18 · published 2019-06-18T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/58723-meat-stocks-slide-on-feed-cost-fears
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Expected feed cost inflation can push marginal poultry production out and pressure livestock margins, which tends to support protein prices over time. Higher corn prices from the tighter crop raise feed costs for all livestock buyers.

## Read by commodity

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

## Sources

- meatingplace.com: https://meatingplace.com/meat-stocks-slide-on-feed-cost-fears/

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