HPAI has now spread to a seventh poultry farm near Melbourne, Australia. It is a different strain than the six previously detected.
Victoria’s Ag Department said that restricted and controlled areas have now been put in place surrounding all infected premises.
Approximately, one million chickens have been killed in Australia as a result of the virus. That is roughly 5% of the country’s egg-laying flock. While there are no egg shortages, some stores have put purchase limits in place.
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All eyes will be on today’s Cattle on Feed Report, which analysts say could give a clearer picture of where the market goes next.
According to the National Council of Farmers Cooperatives (NCFC), President and CEO Chuck Conner says, there is only one other option besides addressing ag labor shortages.
U.S. aquaculture may gain competitive ground as harmful subsidies are phased out abroad, but producers should monitor shifts in import supply chains and trade enforcement closely.
Farmers await concrete trade commitments from China. Until then, export prospects for soybeans, corn, and sorghum remain uncertain against strong South American competition.
National Sorghum Producers CEO Tim Lust said farmers face a challenging year with strong supply, murky trade conditions, and uncertain access to their largest market: China.
China has been largely absent from U.S. markets lately, but not when it comes to cotton. It’s a buy that, traders say, isn’t surprising given China’s limitations.