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HPAI outbreaks have subsided as temperatures warmed and wild bird migration ended, though a CoBank report says the risk of new outbreaks this fall remains elevated. Table egg prices tripled in several markets and turkey breast meat reached historic highs.
US poultry exports through June were up 19% year on year, with a possible record in 2022.
Export demand for US poultry is strong, but the threat of renewed outbreaks could bring trade restrictions and renewed supply losses. This keeps poultry and feed demand supported.
wattagnet.comSep 7, 2022Not 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.
