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The US poultry and egg industries are recovering from COVID-related demand swings and the HPAI outbreak, which has removed over 43 million egg-laying hens since 2022. USDA expects egg export volumes to face downward pressure through 2024 and 2025 while flocks rebuild.
Broiler and turkey price outlooks are more optimistic on domestic demand.
Weaker egg exports and a slow flock rebuild keep egg supply tight, which supports prices. Limited export pull means less demand for feed from the layer sector, though domestic broiler strength supports poultry feed use.
farmprogress.comTim HeardenJun 26, 2024Not 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.
