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Farm Pride Foods confirmed a second outbreak of H7N7 avian influenza at a free-range farm near Lethbridge, Victoria. Total layer losses across its farms reached about 380,000 hens, roughly a third of its productive flock.
The loss of a third of one producer's flock cuts local egg output and reduces feed demand from that operation. The price effect is concentrated in Victoria.
smallcaps.com.auDanica CullinaneAug 26, 2020Not 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.
