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CoBank reports that HPAI has become a persistent threat to US poultry supply and export markets, with more than 40 million birds depopulated. Egg prices nearly tripled and turkey breast meat rose 60%, both to record levels.
Importing countries have moved from blanket export bans to more measured responses.
A more measured import response reduces the risk of broad export bans, which supports US poultry export demand. Slower supply rebuilding, however, keeps poultry prices high and supports the outlook for feed demand over the coming months.
poultryproducer.comJimSep 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.
