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An NPR interview with a North Carolina A&T professor says a bird flu outbreak has hit about 22 million birds across 24 states in commercial flocks. The USDA reports the average price of chicken breasts rose nearly 80 cents in a week.
The guest warned that poultry costs could keep rising.
Culling of commercial flocks cuts broiler and turkey supply while grocery chicken prices are already climbing, which supports poultry prices and feed demand for chicken production.
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.