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Avian flu outbreaks have created an emerging egg shortage in the Western and Eastern Cape, which is expected to spread to other parts of South Africa. More than three million birds nationwide have been affected.
Analysts expect egg prices to rise by up to R3 per dozen in coming months, with shortages possibly lasting into January.
Reduced layer numbers lower demand for feed ingredients and raise egg prices, with knock-on cost increases for egg-using food producers. The impact is concentrated in the South African market.
bizcommunity.comShaun GillhamNov 1, 2017Not 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.
