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Nearly 58 million commercial and backyard birds in the US have been culled since February 2022, according to USDA APHIS, making it the worst avian influenza outbreak on record. More than 40 million egg-laying hens have been lost, and egg prices have risen sharply amid the shortage.
The loss of laying hens reduces egg supply and pushes up egg prices, which can shift consumer demand toward chicken meat. Continued wild-bird spread makes further culls and supply tightness likely.
nbcnews.comDenise Chow and Evan BushJan 18, 2023nbcnews.comDenise Chow, Evan BushJan 18, 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.
