ANALYSIS: Strong Retail Demand, Bird Flu Outbreak Send Egg Prices Soaring to Seven-Month Highs
After more than five weeks of no change, the shell-egg market began its seasonal ascent in the penultimate week of October, as it often does, on a combination of strengthening retail demand and mounting confidence in the lead-up to Thanksgiving. Days later, that upward momentum got kicked into overdrive, following reports that the bird flu had broken out on a commercial layer farm for the first time in eleven months.
High-path avian influenza began making a resurgence among commercial turkeY...
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