Livestock, Dairy and Egg Sectors in Trouble

A new report by AgriBank projects livestock, dairy, and egg sector margins to continue adjusting downward from record levels set in 2014. The report on 15 Midwest states called the egg industry “the largest percentage loser” due to bird flu and record high prices. However, the report says the turkey industry is rebounding as flocks are rebuilt, and prices remain high. AThe report did say weather remains a wildcard as the transition to La Niña from the historically strong El Niño could bring major drought conditions across the Corn Belt region late in the coming growing season.