
A Tamworth egg farmer says the Victorian bird flu outbreak, which has led to more than 460,000 birds being culled since July, will pressure poultry supply in regional NSW. He notes that three species were infected and that Victoria has implemented its first poultry housing order.
He expects biosecurity concerns to rise across the sector.
Losing up to half a million birds from a 21 million bird flock tightens domestic egg and poultry supply, which is bullish for poultry prices. Heightened biosecurity may also raise costs for producers.
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.