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Avian flu is hitting poultry farms and egg production in California. Egg prices had peaked at $4.82 a dozen in January 2023 before returning to normal ranges as flocks were rebuilt and outbreaks were controlled.
Turkey and chicken prices also spiked during the earlier outbreak.
Renewed outbreaks reduce poultry supply and could push chicken and turkey prices higher, while reduced layer flocks lower demand for feed.
apnews.comTerry CheaJan 27, 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.
