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An AP News report says egg prices are rising sharply because bird flu infections force entire flocks to be culled. Large egg farms house over 1 million birds each, so a few infections can cause a supply shortage.
The report adds that carcass disposal and barn disinfection can take months, so the problem tends to linger.
Long recovery times for flocks mean layer supply stays constrained, keeping egg prices high for months. Feed demand from the egg sector stays reduced while flocks are depleted.
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.