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As of April 24, a dozen large grade A eggs averaged $2.99, up nearly 16% from January. Nearly 9 million chickens across Michigan, Minnesota, New Mexico and Texas were infected with bird flu in recent weeks, according to USDA.
Infected flocks being depopulated reduce egg supply and keep retail prices elevated for several months while production rebuilds. Feed demand from affected layers is reduced.
vcpnewz.comApr 24, 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.
