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Highly pathogenic avian flu has culled more than 28 million laying hens, nearly 9% of the flock, and forced destruction of nearly 280 commercial and backyard flocks in 32 states. Wholesale egg values have shifted from demand-driven spikes to supply-driven increases.
Supply losses are lifting poultry and egg prices, and the layer cull reduces feed demand for grains and meals.
cbsnews.comKate Gibson Reporter, MoneyWatchMay 5, 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.
