HPAI’s impact could linger into the next holiday season
High Pathogenic Avian Influenza is not slowing down with the death toll nearing 58 million birds.
The USDA reports global poultry losses this fall were nearly 70 percent higher than last year’s pace. Here in the U.S., 702 flocks have been infected across 47 states with commercial and backyard infections. Outbreaks reported last week in 11 different states include California, Iowa, Minnesota, Nebraska, Tennessee, South Dakota, and Washington.
The recent uptick in HPAI cases could push some poultry prices even higher in 2023. Rabobank reports turkey production has been hit the hardest. One analyst says the impact will likely last into the next holiday season. Iowa Secretary of Agriculture, Mike Naig also forecasted this a few weeks ago on the Market Day Report.
Rabobank says egg producers should see record returns for this year but predicts a more normalized marketplace by Easter.