Accordingto feednavigator.com, Corn and Soybeans have recently seen 10-year record levelprices. This has resulted in challengingtimes for the poultry industry as feed costs have increased. To make matters worse, meat prices havedecreased due to a weakening demand resulting from the ongoing pandemic.
The rise in Corn prices have alsocaused corn-derived products to increase in cost. Higher Chinese demand on corn has been theleading factor for the recent increases.