# Weak demand for chicken shows in frozen inventories

> USDA data show broiler production rose 3.6% in the third quarter while chicken ending stocks were 17% higher than a year earlier at 925 million pounds. Producers are cutting chick placements in response to weak demand and low wholesale prices for some cuts.

- Date: 2018-11-29 · published 2018-11-29T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/62193-weak-demand-for-chicken-shows-in-frozen-inventories
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Growing freezer inventories and reduced placements point to weaker chicken prices near term, with lower demand for chicken feed grains and meal if output slows.

## Read by commodity

- SBM: neutral
- CORN: neutral
- CHICKEN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-11-18 | [China’s pork production declines amid weak demand and herd reduction](https://feedsoft.ai/events/27393-china-s-pork-production-declines-amid-weak-demand-and-herd-reduction.md) | -0.1% | +2.7% |
| CORN | 2025-01-13 | [US chicken sector strong going into 2025 - Food & Agribusiness](https://feedsoft.ai/events/26646-us-chicken-sector-strong-going-into-2025-food-and-agribusiness.md) | +1.7% | +1.8% |
| CORN | 2020-09-09 | [Feed demand increases China’s soybean imports \| 2020-09-09  \| World Grain](https://feedsoft.ai/events/51186-feed-demand-increases-china-s-soybean-imports-2020-09-09-world-grain.md) | +3.8% | +6.5% |
| CORN | 2022-06-01 | [Cattle Supply and Demand Issues for the 2022 Marketing Year](https://feedsoft.ai/events/41547-cattle-supply-and-demand-issues-for-the-2022-marketing-year.md) | +2.3% | +0.5% |
| CORN | 2024-11-11 | [WASDE Shows Decrease in US Corn and Soybean Ending Stocks in 2024/2025](https://feedsoft.ai/events/27342-wasde-shows-decrease-in-us-corn-and-soybean-ending-stocks-in-2024-2025.md) | -1.2% | -0.1% |
| SBM | 2024-11-18 | [China’s pork production declines amid weak demand and herd reduction](https://feedsoft.ai/events/27393-china-s-pork-production-declines-amid-weak-demand-and-herd-reduction.md) | -0.8% | -2.2% |
| SBM | 2025-01-13 | [US chicken sector strong going into 2025 - Food & Agribusiness](https://feedsoft.ai/events/26646-us-chicken-sector-strong-going-into-2025-food-and-agribusiness.md) | +1.8% | +2.7% |
| SBM | 2023-06-30 | [W25: Chicken Update](https://feedsoft.ai/events/35646-w25-chicken-update.md) | +1.6% | +11.9% |

## Sources

- meatingplace.com: https://meatingplace.com/weak-demand-for-chicken-shows-in-frozen-inventories/

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