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EU egg prices have risen 16% since November, according to Mintec Global data. Avian flu outbreaks in mainland EU cut layer numbers, with Q1 2017 egg production forecast down 8% year on year to 18.5 million eggs.
Lower EU layer supply combined with early buyer demand tightens egg markets into 2017, supporting higher egg prices and feed-related poultry demand.
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.