
Egg prices have fallen sharply in early 2026 as poultry production rebounds from last year's HPAI losses. HPAI detections surged in January and February but were 56% below the same period of 2025, and about 20.6 million birds have been affected so far this year.
Recovering supply and lower HPAI pressure point to weaker egg prices and softer layer feed demand, though spring migration still poses a risk of renewed outbreaks.
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, SBM 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.