
Wisconsin's egg output fell 57% year over year in April to 91.7 million eggs, with laying hens down 56% to 3.69 million after repeated avian flu culls. Replacing lost birds can take close to two years, according to a University of Wisconsin extension specialist.
Regional layer losses reduce feed demand for corn and soymeal in the Upper Midwest, a small but real bearish factor for local feed use, though the effect on national grain prices is limited.
After 175 past bearish disease events, Corn moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.5%), and +0.6% over 20.
After 167 past bearish disease events, Soybean Meal moved a median -0.6% over 5 sessions (40% higher; middle half -1.8% to +1.4%), and -0.8% over 20.
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.