# Poultry sector collusion hard to prove, says Wells Fargo | WATTAgNet | WATTPoultry.com

> A Wells Fargo report said it is difficult to confirm collusion among top US poultry companies in lawsuits covering 2008 to 2016. The report attributes higher poultry costs largely to ethanol-driven corn demand and the 2010 to 2012 drought, which more than doubled feed costs.

- Date: 2018-07-10 · published 2018-07-10T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/64188-poultry-sector-collusion-hard-to-prove-says-wells-fargo-wattagnet-wattpoultry
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

The analysis ties past poultry pricing to corn feed costs, highlighting how corn demand from biofuels feeds through to broiler economics, though it describes historical rather than current drivers.

## Read by commodity

- CORN: neutral
- CHICKEN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-09-04 | [2022-24 overview of HPAI’s effect on the US layer industry \| WATTPoultry.com](https://feedsoft.ai/events/28301-2022-24-overview-of-hpai-s-effect-on-the-us-layer-industry-wattpoultry-com.md) | -1.4% | +4.9% |
| CORN | 2020-02-04 | [2020 Cattle Inventory—Herd Expansion Comes to an End - ProAg](https://feedsoft.ai/events/54543-2020-cattle-inventory-herd-expansion-comes-to-an-end-proag.md) | -0.2% | -0.9% |
| CORN | 2017-01-31 | [Farm sector projected to grow at 4% in 2016-17 - The HinduBusinessLine](https://feedsoft.ai/events/72969-farm-sector-projected-to-grow-at-4-in-2016-17-the-hindubusinessline.md) | -0.5% | +0.1% |
| CORN | 2025-06-13 | [Avian flu continues to impact egg and poultry production - High Plains Journal](https://feedsoft.ai/events/24212-avian-flu-continues-to-impact-egg-and-poultry-production-high-plains-journal.md) | -0.8% | -3.2% |
| CORN | 2022-09-01 | [USDA: Farm Sector Profits Forecast to Remain Above Average in 2022 - Pro Farmer](https://feedsoft.ai/events/39590-usda-farm-sector-profits-forecast-to-remain-above-average-in-2022-pro-farmer.md) | -1.8% | -2.9% |

## Sources

- wattagnet.com: https://www.wattagnet.com/broilers-turkeys/article/15525775/poultry-sector-collusion-hard-to-prove-says-wells-fargo-wattagnet

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