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Australian chicken meat prices are expected to rise in coming months even if H5 bird flu does not reach commercial farms. Ingham's CEO said rising feed and labour costs, plus pressure from the Middle East war, are driving the increase.
Higher feed and input costs are passing through to broiler pricing, and a farm outbreak would add further upside. Sustained broiler output strength supports demand for feed ingredients.
Not 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.