# Market trends: Spike in feed cost sees rations rise - Poultry World

> UK ration costs rose this month after a surge in soybean meal prices, with the UK spot price for HiPro soya meal climbing from £318/t to £370/t over the past month. Poultry World's basic layers ration rose £14/t to £232/t. The rally followed traders' focus on worsening Argentine drought in early February.

- Date: 2018-03-22 · published 2018-03-22T12:00:00.000Z
- Category: weather · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/66077-market-trends-spike-in-feed-cost-sees-rations-rise-poultry-world
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Higher soymeal prices raise feed costs for UK poultry producers, and the rally is tied to Argentine drought that cuts global meal supply.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CHICKEN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-05-31 | [Poultry Market Outlook - May - Ceva Poultry](https://feedsoft.ai/events/30387-poultry-market-outlook-may-ceva-poultry.md) | -0.8% | -4.9% |
| SOY | 2016-04-22 | [Farming News - Oilseed Market Report: Prices rise on weather concerns](https://feedsoft.ai/events/10300-farming-news-oilseed-market-report-prices-rise-on-weather-concerns.md) | -0.1% | +5.2% |
| SOY | 2019-01-28 | [High feed prices to affect profit margins of poultry farms in India \| Company News - Business Standard](https://feedsoft.ai/events/61237-high-feed-prices-to-affect-profit-margins-of-poultry-farms-in-india-company.md) | -0.8% | -1.5% |
| SOY | 2023-07-17 | [Canada Know-Risk Market Outlook \| Dry Conditions Stress Canola](https://feedsoft.ai/events/35146-canada-know-risk-market-outlook-dry-conditions-stress-canola.md) | +0.4% | -6.3% |
| SOY | 2020-06-30 | [Options pricing is corn market’s lie detector test](https://feedsoft.ai/events/52656-options-pricing-is-corn-market-s-lie-detector-test.md) | +3.3% | +3.5% |
| SBM | 2023-03-09 | [Higher soya price halts drop in poultry feed costs - Poultry Network](https://feedsoft.ai/events/36945-higher-soya-price-halts-drop-in-poultry-feed-costs-poultry-network.md) | -3.6% | -9.1% |
| SBM | 2024-05-31 | [Poultry Market Outlook - May - Ceva Poultry](https://feedsoft.ai/events/30387-poultry-market-outlook-may-ceva-poultry.md) | -1.1% | -2.5% |
| SBM | 2016-04-22 | [Farming News - Oilseed Market Report: Prices rise on weather concerns](https://feedsoft.ai/events/10300-farming-news-oilseed-market-report-prices-rise-on-weather-concerns.md) | +1.7% | +16.3% |

## Sources

- foodagribusiness.world: https://www.foodagribusiness.world/poultry/market-trends-spike-in-feed-cost-sees-rations-rise
- poultryworld.net: https://www.poultryworld.net/uk/market-trends-spike-in-feed-cost-sees-rations-rise/

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