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The South African Poultry Association warned that egg prices could rise about 8% because many small farmers exited the industry. Drought-driven feed price increases squeezed small producers, and farmers culled hens early, reducing the laying flock.
Drought-driven feed cost increases pushed small layer producers out, tightening egg supply. Higher feed costs and reduced flock size point to continued demand for feed grains and a tight egg market.
thepoultrysite.comGlobal Ag MediaMay 4, 2017After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% 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.
