Loading…
USDA's Economic Research Service published an analysis of the 2014-15 HPAI outbreak, which cost more than 50 million US chickens and turkeys. Egg prices rose 61 percent in May-December 2015 versus a year earlier, reflecting inelastic demand.
The analysis shows how severe HPAI losses can sharply raise egg prices, a useful benchmark for assessing current supply risk, though it describes past events rather than new supply changes.
perishablenews.comSean Ramos, Alex Melton, Matthew MacLachlan, USDA ERSApr 9, 2018
ers.usda.govApr 2, 2018ers.usda.govApr 10, 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.
