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U.S. turkey production is nearly back to normal following last year's avian influenza outbreak. USDA analyst Shayle Shagam says wholesale turkey prices are somewhat lower than last year's spike.
Recovering turkey output and lower wholesale prices reduce poultry margins and modestly weigh on demand for feed ingredients.
southeastagnet.comRandall WeisemanNov 24, 2016Not 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.
