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Shortages of eggs in South Africa are raising breakfast and baking costs. The Western Cape has lost more than 60% of its layer eggs to avian influenza.
Bakers and retailers are scrambling to find supply.
Losses of layer flocks reduce feed demand and drive up egg prices, which can raise costs for egg-using food manufacturers. The shortage is regional and focused on the Western Cape.
Not 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.