ANALYSIS: Checking-In on Turkey Market Supply Factors
Although mid-May trade conditions have been slow to shift the undertone surrounding whole-body turkeys and raw materials, there is no shortage of variables which are weighing heavily on the minds of market participants as they refine their expectations for the road ahead. Central to many turkey-related conversations remains disease.
As illustrated by this week’s chart, year-to-date (YTD) commercial HPAI outbreaks have risen about 84%, or 229.6 thousand head, when compared to a similar period one year prior...
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