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Up to 400,000 chickens were destroyed after avian influenza was confirmed at two Victorian egg farms. Australian Eggs said there was no threat to overall supply, though the loss of about 400,000 hens is significant locally.
Tracing found a low pathogenic H5N2 strain at a turkey farm near Bairnsdale.
Losing layer hens tightens Victorian egg supply and can lift egg prices, but the national volume is small relative to output. The impact on feed demand is limited.
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.