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Russian supermarket chains have asked the government for permission to sharply raise poultry and egg prices. Poultry producers plan price increases of about 10% amid an ongoing avian influenza epidemic in southern Russia that has cut flock sizes and volumes.
Shrinking domestic poultry supply and rising production costs point to higher Russian chicken and egg prices, which tightens demand for feed grains and meal used by Russian poultry producers.
foodagribusiness.worldVladislav VorotnikovMar 5, 2021Not enough comparable past events yet for a historical read.
After 145 past neutral disease events, Corn moved a median +0.4% over 5 sessions (58% higher; middle half -1.2% to +1.7%), and +0.0% over 20.
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.
