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About 1.2 million chickens will be slaughtered at an Iowa egg farm after bird flu was confirmed there. The article notes that poultry prices have dropped significantly this year after last year's losses.
Each large layer cull lowers egg supply and modestly reduces feed grain demand from layers. Prices are already well below last year's levels, so the effect is limited.
apnews.comJosh FunkNov 10, 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.
