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More than 22 million commercially raised U.S. chickens and turkeys have been killed as bird flu spreads across U.S. poultry farms. The outbreak is occurring alongside high food prices driven by labor shortages, supply-chain problems and the Russian invasion of Ukraine.
Losses of this scale cut domestic poultry supply, which supports chicken prices and can shift feed demand lower as flocks are depopulated.
reuters.comMar 7, 2022Not 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.
