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A new wave of H5N1 bird flu has been found in over 90 million US poultry birds since 2022 and has spread to over 30 dairy herds in nine states. A dozen large eggs were about $3 in March, up nearly 47% from August 2023 levels.
Ongoing layer losses keep egg supply tight and prices firm, while the spread into dairy herds raises questions about milk supply. The effect on feed-grain demand is limited.
cbsnews.comKhristopher J. Brooks Reporter, MoneyWatchMay 1, 2024
vox.comWhizy KimApr 30, 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.
