A Major American Egg Farm Just Lost 90% of its Chickens

Bullish:

• $AGCON - Increasing consolidation in the agricultural sector, particularly in egg production, as smaller farms sell out to larger companies due to heightened risks.

  • “There's been lots of farms in the last three years that have sold out to companies that wanna continue to shoulder this kind of risk.”

    Glenn·17:19
• $EGGVAC - Potential opportunity in poultry vaccine manufacturing, particularly if US regulations change to allow domestic use of bird flu vaccines currently exported to other countries.

  • “Right now, today, our country manufactures vaccine for poultry to protect them against avian flu, and we ship it to countries in Europe and other places. So we're making the vaccine here every day, and we're protecting flocks in other countries. We've been unable to access that same vaccine.”

    Glenn·8:01
• $FOODPROC - Potential increase in demand for egg alternatives and processed foods due to persistently high egg prices.

  • “It seems very plausible to me that this could just be the end of cheap eggs.”

    Joe·19:02

Bearish:

• $EGGS - Ongoing challenges in rebuilding chicken flocks due to persistent bird flu outbreaks, leading to continued supply constraints and potentially higher egg prices.

  • “We've never ever, since those flocks got sick in 2022, we have not been able to fully rebuild our nation's laying flock before the next wave of bird flu starts.”

    Glenn·5:24