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South Africa's layer hen stock is projected to fall to an all-time low of 17.3 million birds, down 23.8% from 2019, due to avian flu. Experts expect the industry to need at least 17 months to recover.
A prolonged decline in layer numbers keeps egg and poultry supply short for well over a year, supporting prices and sustaining demand for feed.
Not 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.