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UK packing station egg output fell 9 million dozen quarter on quarter to 213 million dozen in Q3 and is down 22 million dozen year on year. Wholesale egg prices hit record levels as the laying flock shrinks further under bird flu culling and reduced pullet placings.
A shrinking UK laying flock reduces feed demand from layers, a small bearish factor for feed grains and meal, while supply tightness keeps egg prices high.
poultry.networkKen RandallOct 27, 2022After 167 past bearish disease events, Soybean Meal moved a median -0.6% over 5 sessions (40% higher; middle half -1.8% to +1.4%), and -0.8% 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.
