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Agriculture Undersecretary Jenny Moffitt told a House subcommittee that the U.S. will continue stamping out highly pathogenic avian influenza rather than vaccinating. USDA has spent $1.3 billion on the bird flu outbreak and ASF prevention, and a record 58.7 million birds have died since February 2022.
Continued culling keeps poultry supply constrained and has helped drive up egg prices. Ruling out near-term vaccination means supply losses could persist as long as outbreaks continue.
agriculture.comFERN's Ag InsiderApr 19, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
