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The World Bank said food prices likely peaked in Q2 2022 and its index has fallen about 12% since April. HPAI was confirmed in a commercial broiler breeder flock of 33,900 birds in Fresno County, California, and Senate Democrats urged USDA to reconsider methane digester plans.
A falling global food price index eases cost pressure, while new HPAI detections in commercial flocks keep a modest supply-risk premium on US chicken.
thepoultrysite.comSarah MikesellAug 25, 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.
