Loading…
USDA data shows more than 20 million US egg-laying chickens died in the last quarter from bird flu, the worst toll since the outbreak began in 2022. Egg prices have reached their highest in years, and taxpayers are covering the cost of culled birds.
Record layer losses cut feed demand from the egg sector and keep egg supply tight, supporting egg prices while reducing near-term corn and meal use for layers.
cbsnews.comAlexander Tin Digital ReporterJan 13, 2025After 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, Soybean Meal 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.
