Cornell Cooperative Extension specialist Amy Barkley says egg prices, up 28% over the past year per the BLS, will keep fluctuating because farms cannot quickly replace hens euthanized in HPAI outbreaks. Replacement takes roughly 25 weeks from hatch to full production.
Limited layer supply from HPAI losses keeps egg prices elevated and volatile, which tightens the feed-egg balance and sustains demand for feed ingredients for layers.
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, SBM 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.