# CoBank: Pandemic presents mixed bag for animal proteins | 2020-04-03  | MEAT+POULTRY

> A CoBank quarterly report said the coronavirus pandemic created mixed effects for animal proteins. U.S. chicken production rose 7.7% in the first two months of 2020 and chicken breast prices jumped beyond seasonal norms as home cooking increased. Poultry export outlook weakened as foodservice demand and export forecasts came under pressure.

- Date: 2020-04-03 · published 2020-04-03T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/6603-cobank-pandemic-presents-mixed-bag-for-animal-proteins-2020-04-03-meat-poultry
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Stronger retail chicken demand supports domestic chicken prices, while weaker export demand could leave more supply in the US market and limit broader feed demand gains.

## Read by commodity

- CHICKEN: bullish ▲

## Sources

- meatpoultry.com: https://www.meatpoultry.com/articles/22880-cobank-pandemic-presents-mixed-bag-for-animal-proteins

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