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WATTPoultry reports cumulative 2022 HPAI losses of nearly 36.5 million commercial chickens and turkeys by early May, with layers making up about 75%. Broiler losses are small relative to weekly slaughter, but turkey losses equal about 125% of a typical week's slaughter.
Turkey breast prices have risen sharply.
Turkey supply losses are large enough to lift poultry meat prices, and the layer losses reduce egg supply. Broiler impact is limited, so chicken price support is more modest.
Not 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.