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Gro reports that an avian flu outbreak has killed about 37 million chickens and turkeys across 32 US states. The epidemic is on pace to surpass the 2014-15 outbreak.
The article links the losses to higher US chicken and egg prices.
Large layer and poultry losses tighten US egg and chicken supply, supporting prices for both products. Continued losses would also tighten demand for feed ingredients as flocks shrink.
gro-intelligence.comMay 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.
