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A USDA Economic Research Service study put the trade losses from the 2014/15 high pathogenic avian influenza outbreak at £1.3bn, with more than 50 million birds lost. It found egg and turkey prices rose on lower supply while broiler producers faced lower prices due to foreign trade restrictions.
Lower layer and turkey supply raised those prices, while export restrictions on broilers weighed on that sector's prices. This is a retrospective cost study, so it has limited direct price impact today.
foodagribusiness.worldTony McDougalJan 5, 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.
