Indiana turkey growers are seeing better farm-level returns in 2026 after two years of disease-driven flock losses, supported by stronger wholesale prices, solid domestic demand and rising exports. An American Farm Bureau Federation analysis warns that this rebound could be followed by a price-cost squeeze in 2027 unless producers lock in feed costs.
USDA estimates the national turkey flock at 198.5 million birds in 2026, up about 3%.
A growing turkey flock raises demand for corn and soybean meal feed, and tighter 2027 margins could slow expansion, modestly easing feed demand later.
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 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.
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.