# Market prices: Prices soar as imports cut back - Food & Agribusiness

> Wholesale fresh chicken prices at Smithfield have risen strongly over the past month and are at their highest level in five years. The rise follows a sharp cut in poultry imports from Brazil into the EU due to disease-related issues.

- Date: 2018-06-25 · published 2018-06-25T12:00:00.000Z
- Category: disease · region EU · magnitude medium
- Page: https://feedsoft.ai/events/64659-market-prices-prices-soar-as-imports-cut-back-food-and-agribusiness
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Reduced Brazilian supply into Europe tightens poultry availability and lifts prices, supporting demand for feed grains and meal tied to chicken production in the region.

## Read by commodity

- CHICKEN: bullish ▲

## Sources

- foodagribusiness.world: https://www.foodagribusiness.world/poultry/market-prices-prices-soar-as-imports-cut-back

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