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The South African Poultry Association's egg board chairman described the 2017 H5N8 avian influenza outbreak, which culled about 4.7 million commercial layers and cost farmers over R1.5 billion. He said egg supply has since returned to balanced levels and argued that egg imports are unnecessary.
Restored domestic supply reduces the need for imported eggs, so the outbreak's price effects have faded and there is little direct impact on feed demand.
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.