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A bird flu outbreak at Eggbert Eggs' Rooikraal farm in Gauteng led to over 525,000 birds being culled and 470,000 eggs dumped. The producer estimates total losses and restoration costs of about R65 million, none of which were insured.
Culling and egg dumping remove layer capacity from the Gauteng egg supply, adding to national shortages and supporting higher egg prices. The scale of losses signals a tighter South African layer market.
newsfeeds24.comNewsFeeds24Oct 11, 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.
