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South Africa's HPAI H5N8 avian influenza outbreak has culled about 2 million layers through September, hitting poultry and ostrich producers in several provinces. Industry experts expect at least a 55-day lag before replacement layers are available, around Christmas.
Egg prices are rising, and the feed industry is seeing lower bird numbers, while the Western Cape is also in drought.
Fewer layers reduce demand for feed and raise egg prices, with the supply gap lasting until replacement birds arrive. Smaller feed volumes in South Africa add modest downward pressure on local feed ingredient demand.
mype.co.zaAlan StratonNov 24, 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.
