Loading…
Bloomberg reports that egg prices are likely to rise after Cal-Maine Foods, the top US producer, had its first-ever outbreak of deadly avian flu at a Kansas facility. The company confirmed that one of its facilities tested positive for highly pathogenic bird flu.
Losses at the largest US layer producer tighten egg supply and support egg prices. Feed demand impact is small compared with the broader US feed market.
bloomberg.comMichael HirtzerDec 13, 2023Not 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.
