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Mexico reported its first H5N1 highly pathogenic bird flu outbreak of the season on a farm in Sonora state. The outbreak killed 15,000 birds from a flock of 90,000.
Poultry losses reduce domestic chicken output and feed demand in Mexico, a major importer of US feed grains, though the scale is small.
reuters.comNov 2, 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.
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.
