
The latest USDA WASDE lowered its 2026 poultry production outlook, with broiler prices cut and egg prices reduced by 15 cents to 103 cents per dozen. Turkey production was raised on hatchery data, and egg production was raised on layer inventory data.
Lower egg and broiler price forecasts with rising layer output point to softer poultry prices and slightly lower feed demand from the poultry sector.
Not enough comparable past events yet for a historical read.
After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
After 250 past neutral report events, Soybean Meal moved a median -0.1% over 5 sessions (49% higher; middle half -1.6% to +1.7%), and +0.4% 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.