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EFSA reported that African swine fever outbreaks in EU domestic pigs fell 79% in 2022 compared with 2021. Brazil declared a six-month animal health emergency after avian flu was detected in wild birds, with no cases yet in its main southern production areas.
Brazil is the largest chicken meat exporter, so an emergency raises the risk of export restrictions that would weigh on Brazilian chicken exports and domestic prices. Lower EU swine fever cases ease pressure on pork supply.
foodingredientsfirst.comJoshua PooleMay 23, 2023Not 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.
