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Iowa State economist Lee Schulz comments that avian flu reduces egg supply, with wholesale breaker eggs nearly tripling in May and Midwest grocery eggs up 85% to $2.20 a dozen. He expects the impact to ease as the industry rebuilds flocks.
Reduced egg supply supports poultry prices, but the expected rebuilding of flocks implies the price support will fade over time.
econ.iastate.eduMay 6, 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.
