USDA raised its 2025 broiler production outlook and broiler export projections on strong hatchery data and Mexico demand. It lowered egg and turkey production forecasts due to HPAI losses and tight laying hen supplies.
Higher broiler exports support chicken prices and feed demand, while lower egg output reduces feed use in layer production, leaving the net feed impact modest.
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.