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Rabo AgriFinance analyst Christine McCracken says the poultry market is uncertain, with record-high prices offset by heavy bird losses in broilers, layers and turkeys. Highly pathogenic avian influenza remains a concern during spring migration.
Heavy bird losses reduce output and support high poultry and egg prices, while continued HPAI outbreaks keep supply risk elevated for feed demand.
rrfn.comDon WickApr 10, 2023Not enough comparable past events yet for a historical read.
After 145 past neutral disease events, Corn moved a median +0.4% over 5 sessions (58% higher; middle half -1.2% to +1.7%), and +0.0% over 20.
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.
