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The American Farm Bureau Federation expects US hens to produce 8.7 billion dozen eggs in 2017, with egg production now above pre-2015 levels after the HPAI outbreak. Prices are returning to normal as supplies rebuild.
Recovered egg output and normalising prices reduce poultry demand for feed grains and meal in the US.
After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
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.