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Entegra Procurement Services interviews executives who say egg prices are falling as the poultry industry recovers from the bird flu outbreak. They note HPAI has not affected eggs in 2023 and flocks are nearing full strength, with prices projected to stay low through the year.
Recovering layer flocks and projected low egg prices point to softer demand for feed in the layer sector. The effect on feed prices is modest.
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.