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The Poultry Site reports US egg inventories were 29% lower in late December 2022 than at the start of the year, with more than 43 million hens lost to HPAI. Wholesale prices hit record highs before the holiday season and are expected to fall as flocks rebuild.
Expected flock rebuilding means egg-layer feed demand should recover gradually, so the feed price impact is modest in the near term.
thepoultrysite.comMelanie EppJan 12, 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.
