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South Africa reported two outbreaks of highly pathogenic H7 avian influenza on poultry farms in Mpumalanga, east of Johannesburg, killing about 9,500 birds. The strain is distinct from the H5N1 virus behind global losses.
The outbreak is small in scale, so its effect on regional chicken supply and feed demand should be limited.
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.