
Wholesale egg prices fell from $8.53 per dozen in February 2025 to 92 cents this February, reaching a low of 33 cents in January 2026. More than 7 million birds from 11 Pennsylvania commercial flocks have tested positive for HPAI since early February.
The Pennsylvania outbreak threatens to reverse egg price declines by reducing layer numbers, which would support egg prices and layer feed demand. The feed price effect remains modest.
After 145 past neutral disease events, Corn moved a median +0.4% over 5 sessions (58% higher; middle half -1.2% to +1.7%), and +0.0% over 20.
After 98 past neutral disease events, Soybean Meal moved a median -0.2% over 5 sessions (44% higher; middle half -1.9% to +1.5%), 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.