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Bird flu was confirmed at a large egg-laying operation in Ohio, where officials said about 3 million chickens will be euthanized. The outbreak has killed 43 million chickens and turkeys across the US this year.
The farm is one of the largest egg producers affected in the current wave.
Losing a major layer flock tightens egg supply and reinforces price pressure during a period of already low inventories. Continued culling also reduces demand for feed in layer operations in the Midwest.
Not 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.