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Egg prices in South Africa are expected to rise 15-20% as producers cover higher costs from lower output after the H5N8 avian flu outbreak. Egg production fell 12% year on year in September, and prices were up 12% from August 2016.
Reduced egg supply lifts producer revenue, which can support poultry feed demand, while the December petrol increase adds distribution cost pressure.
supermarket.co.zaSuper UserDec 8, 2017After 145 past neutral disease events, Corn moved a median +0.4% over 5 sessions (58% higher; middle half -1.2% to +1.7%), and +0.0% 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.
