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Five highly pathogenic avian influenza outbreaks were confirmed on commercial chicken farms in the Western Cape, with African swine fever also confirmed among informal pig farmers. Affected farms were quarantined, and a sixth HPAI outbreak near George affected 200,000 layer chickens.
Culling of layer and broiler flocks reduces local poultry supply and can lift chicken prices, while fewer birds trims regional feed demand for corn and soymeal.
iol.co.zaKristin EngelJun 1, 2023Not enough comparable past events yet for a historical read.
After 167 past bearish disease events, SBM 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.
