USDA's Economic Research Service projects steady growth in US broiler, turkey and egg production through 2033 after the 2022 and 2023 HPAI outbreaks. Broiler and egg prices are expected to rise while turkey prices fall, assuming no new animal disease outbreaks and normal weather.
Easing domestic feed prices are expected to benefit poultry sectors.
Projected poultry expansion implies growing long-run demand for feed grains and soymeal, while easing feed costs support margins for integrators.
After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
After 414 past bullish report events, Soybean Meal moved a median -0.1% over 5 sessions (48% higher; middle half -2.1% to +2.3%), and +0.3% over 20.
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.