U.S. turkey production is recovering: farmers raised 198.5 million birds in 2026, up 3% from 2025, while turkey meat production is projected to rise 6%. Domestic use reached 4.7 billion pounds and exports are projected at 461 million pounds, with Indiana accounting for about 10% of the U.S. flock; the article also flags feed costs and respiratory disease risks for producers.
Growing turkey output and consumption support demand for feed grains and protein meals, particularly corn and soybeans, while higher feed costs can pressure producer margins. The reported expansion is meaningful but does not establish a specific price move.
After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
After 747 past bullish report events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.1%), and +0.8% over 20.
After 414 past bullish report events, Soybean Meal moved a median -0.1% over 5 sessions (48% higher; middle half -2.1% to +2.3%), and +0.3% over 20.
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.