
Japan's agriculture minister said the October average retail egg price reached a record 312 yen, attributing the high price to poultry-sector recovery from last season's bird flu outbreak and stronger demand ahead of year-end. He urged producers to strengthen biosecurity as avian flu was detected in wild birds and water in several prefectures, though no domestic poultry outbreaks had been confirmed this season.
Incomplete recovery of egg production alongside seasonally stronger demand is tightening supply and supporting egg prices. Preventing new poultry outbreaks is important to limiting further supply losses and price pressure.
Not enough comparable past events yet for a historical read.
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.