ANALYSIS: Tightening Turkey Production Trends
Given the relatively serene state of the turkey market here in early Q2, market participants are keeping their eyes trained on the stats as they refine their expectations for the road ahead. When it comes to supply-facing variables, disease remains a top consideration, and with good reason. In just the first four months of the year, about 346 thousand commercial turkeys have been impacted by HPAI. Although this figure represents only a small fraction of the industry’s annual production potential, it is one part of a more complex scenario currently unfolding on the supply...
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