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USDA's Animal and Plant Health Inspection Service finalised a rule setting conditions for payment of highly pathogenic avian influenza indemnity claims. The rule sets a formula for splitting payments between poultry and egg owners and the contractors who raise or care for the birds, based on the share of the production cycle completed.
The rule clarifies compensation for contract growers after HPAI culls, which affects how quickly flocks are restocked and how much poultry supply recovers. The direct effect on feed grain prices is small.
federalregister.govAuthority: 7 U.S.C. 8301-8317, 7 CFR 2.22 , 2.80Aug 15, 2018Not 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.
