Avian Flu Spreads Further

Lets look at a few markets together and I’m starting again this week with Poultry because Avian Flu continues to grow.  Poultry As of yesterday avian flu has been detected in 24 states just one more than last week.  So far 23 million birds have been removed from the food chain, an additional 6 million birds for the week.  Hardest hit is Iowa and egg laying facilities.  Of the 23 million birds affected, 13 million have been in Iowa.  While any detection is difficult when egg layers are infected not only do we lose the bird but also all the eggs they won’t be laying.  Shell eggs a week before Easter are typically as high as they get, so let’s hope we see some relief over the next couple weeks though we are in a very different situation than usual.  During the 2015 Avian flu outbreak the total bird depopulation was about 50 million birds.  Warm weather will slow the virus so we probably have several weeks to go.  Demand for chicken continues strong and breast meat continues higher.  Wings continue to amaze me with lower numbers again.  I know it is really early to say this, but turkeys  for the holidays are lining up to be very short and very expensive.  Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn