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USDA confirmed highly pathogenic avian influenza in a commercial broiler flock in Johnson County, Arkansas, affecting about 109,000 birds, with 55 HPAI cases in commercial poultry in November and three more reported in early December. France ordered a third vaccine dose for ducks in high-risk areas after raising its HPAI risk level to high, and two more bluetongue cases were found in UK cattle.
Poultry losses and vaccination-related trade restrictions tighten chicken supply and support prices for poultry feed demand, while disease in cattle adds to livestock uncertainty.
thebeefsite.comSarah MikesellDec 8, 2023Not enough comparable past events yet for a historical read.
After 145 past neutral disease events, Corn moved a median +0.4% over 5 sessions (58% higher; middle half -1.2% to +1.7%), and +0.0% over 20.
After 98 past neutral disease events, Soybean Meal moved a median -0.2% over 5 sessions (44% higher; middle half -1.9% to +1.5%), and -0.4% 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.
