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Avian flu is cited as a major reason egg prices remain high ahead of Easter. The article notes that outbreaks spread from Europe, Africa and Asia to North America in 2021, and that more than 131 million poultry worldwide died or were culled in 2022.
It also says outbreaks are continuing, with U.S. cases confirmed in December.
Continuing layer losses tighten egg supply and keep demand for feed steady, but eggs are not a major direct driver of feed grain prices.
apnews.comDee-Ann DurbinMar 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.
