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A data-based outlook shows U.S. layer numbers and egg production rose in 2016 to surpass pre-avian-influenza levels. Iowa's large-flock layer count remains below pre-outbreak levels.
Rebuilt U.S. layer inventories sustain higher feed demand than pre-outbreak, but the oversupply signals that demand for feed is likely to ease as flocks shrink.
decision-innovation.comSpencer ParkinsonJul 26, 2017After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
After 250 past neutral report events, Soybean Meal moved a median -0.1% over 5 sessions (49% higher; middle half -1.6% to +1.7%), and +0.4% 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.
