# How Putin’s Crimea Invasion Triggered a Chicken Price Rally - Bloomberg

> Ukrainian poultry producer Mironovskiy Hleboproduct said chicken prices rose 10 percent in 2016 after a 39 percent surge in 2015, as a weakening hryvnia boosted demand. MHP reported twelve-month sales up 7 percent, driven mainly by exports.

- Date: 2017-01-26 · published 2017-01-26T12:00:00.000Z
- Category: market · region Ukraine · magnitude low
- Page: https://feedsoft.ai/events/73106-how-putin-s-crimea-invasion-triggered-a-chicken-price-rally-bloomberg
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

A weaker hryvnia and export-driven demand tighten domestic poultry supply and support feed demand, though the effect on global feed prices is limited.

## Read by commodity

- CHICKEN: bullish ▲

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2017-01-26/how-putin-s-crimea-invasion-triggered-a-chicken-price-rally

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