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A situation report on avian influenza in Africa describes multiple waves of clade 2.3.4.4b H5Nx outbreaks since 2017 and H7N6 losses of over 6.8 million chickens in South Africa and Mozambique in 2023. It also notes H9N2 circulation and underreporting that hampers assessment.
Poultry losses in Africa are regional and mostly affect small producers, so global feed demand impact is limited. Ongoing risk supports modest demand for feed in affected markets.
Not enough comparable past events yet for a historical read.
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.