Loading…
Guangdong poultry farms are losing money after an avian influenza H7 detection in a Dongguan live-bird market cut live chicken sales sharply. Large producer Wens reportedly loses about 30 million yuan per day, and feed sales have dropped about 50% over more than a month.
Feed prices have been cut about 3%, with corn at 2420 yuan/t and soymeal at 3850 yuan/t.
Lower chicken demand reduces feed ingredient purchases, which is bearish for corn and soymeal in China. Producers are cutting flocks, so supply may tighten later, but near-term price pressure on feed and poultry remains.
fxbwd.comNov 15, 2026After 167 past bearish disease events, Soybean Meal moved a median -0.6% over 5 sessions (40% higher; middle half -1.8% to +1.4%), and -0.8% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
