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Export losses from the US bird flu outbreak total $895 million, according to the USA Poultry and Egg Export Council. Trading partners maintain bans on US poultry exports even as cases have subsided.
Continued export bans keep US poultry supply in the domestic market, which pressures domestic chicken prices lower. The effect on feed demand is limited.
reuters.comTom PolansekJul 27, 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.
