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South Dakota poultry producers are recovering from the 2015 avian flu outbreak that drove up egg prices and hurt egg and turkey producers. Dakota Layers repopulated all nine of its flocks last month.
Restocked layer flocks add supply to an already well-supplied egg market, which keeps downward pressure on egg prices and weighs on feed demand from layers.
apnews.comNov 20, 2016After 175 past bearish disease events, CORN moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.5%), and +0.6% over 20.
After 167 past bearish disease events, SBM moved a median -0.6% over 5 sessions (40% higher; middle half -1.8% to +1.4%), and -0.8% 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.
