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Highly pathogenic avian influenza has been detected in Midwest egg-laying flocks, destroying millions of birds in Iowa and Wisconsin. Breaking egg and egg product prices rose sharply in March, with trade sources linking the moves at least partly to HPAI concerns.
Lost layer flocks cut egg supply and lift egg prices, which can support poultry demand and feed usage in the near term.
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.