# Chicken price rebound is under way: DLR

> The Daily Livestock Report says chicken prices have been recovering since early December, supported by better demand and limited supply. Wing prices last week exceeded their five-year average for the first time since 2017. The USDA whole-bird composite rose 30 percent from early October to early January before pulling back about 10 percent.

- Date: 2019-02-07 · published 2019-02-07T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/60738-chicken-price-rebound-is-under-way-dlr
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Tighter hatchery output and lower slaughter are lifting broiler prices after a year of weak prices caused by large beef and pork supplies. Firmer chicken prices support poultry margins and feed demand for corn and soybean meal.

## Read by commodity

- CHICKEN: bullish ▲

## Sources

- meatingplace.com: https://meatingplace.com/chicken-price-rebound-is-under-way-dlr/

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