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An analyst interview on WATT Poultry says the US HPAI outbreak resembles 2015 for turkey but will hit turkey harder than broilers. He said broiler losses are small at a couple million birds and trade impacts are hard to see.
Dark meat values are firming while breast and wing values remain elevated.
Limited broiler losses mean chicken supply is only modestly reduced, so the price effect on chicken is mixed, while turkey supply is more exposed.
wattagnet.comAustin AlonzoApr 13, 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.
