# Too many chickens could weigh on 2018 pricing, analyst warns

> Jefferies analyst Akshay Jagdale forecasts a 4% rise in U.S. chicken production in 2018, double USDA's 2% estimate, driven by breeder flock growth. He says industry pricing could fall 3-10% in 2018 if oversupply develops.

- Date: 2018-01-05 · published 2018-01-05T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/67130-too-many-chickens-could-weigh-on-2018-pricing-analyst-warns
- 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

Expected broiler oversupply would lower chicken prices and could reduce broiler integrators' feed purchasing, modestly bearish for corn and soybean meal demand.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-07-11 | [Grain Markets Tank on Weather, Fade the WASDE: How Low Could Prices Fall? - AgWeb](https://feedsoft.ai/events/11928-grain-markets-tank-on-weather-fade-the-wasde-how-low-could-prices-fall-agweb.md) | -0.7% | -1.5% |
| CORN | 2025-03-06 | [Lower feed prices could bolster 2025 margins](https://feedsoft.ai/events/25678-lower-feed-prices-could-bolster-2025-margins.md) | +1.8% | +4.8% |
| CORN | 2020-08-18 | [U.S. chicken production, prices down - High Plains Journal](https://feedsoft.ai/events/51766-u-s-chicken-production-prices-down-high-plains-journal.md) | -0.0% | +5.4% |
| CORN | 2025-09-29 | [Record Corn Crop Weighs on Prices Thru Harvest - ADM Investor Services](https://feedsoft.ai/events/22895-record-corn-crop-weighs-on-prices-thru-harvest-adm-investor-services.md) | -1.8% | -1.5% |
| CORN | 2017-11-09 | [Latest WASDE tightens lid on prices even more - Brownfield Ag News](https://feedsoft.ai/events/67931-latest-wasde-tightens-lid-on-prices-even-more-brownfield-ag-news.md) | -1.8% | -0.8% |
| SBM | 2020-08-18 | [U.S. chicken production, prices down - High Plains Journal](https://feedsoft.ai/events/51766-u-s-chicken-production-prices-down-high-plains-journal.md) | -3.1% | +5.4% |
| SBM | 2018-05-31 | [Argentina’s soybean production to rebound \| World-grain.com \| May 31, 2018 13:53 \| World Grain](https://feedsoft.ai/events/64864-argentina-s-soybean-production-to-rebound-world-grain-com-may-31-2018-13-53.md) | -3.2% | -11.4% |
| SBM | 2026-05-08 | [SunSirs: Analysis of Loose Soybean Meal Supply and Price Pressure in China in May](https://feedsoft.ai/events/19329-sunsirs-analysis-of-loose-soybean-meal-supply-and-price-pressure-in-china-in-may.md) | +6.9% | -0.9% |

## Sources

- meatingplace.com: https://meatingplace.com/too-many-chickens-could-weigh-on-2018-pricing-analyst-warns/

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