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PAHO/WHO issued an epidemiological update noting an increase in highly pathogenic avian influenza outbreaks in poultry, backyard flocks and wild birds across the Americas and other regions. It recommends stronger coordination between animal and human health sectors and monitoring of people exposed to infected birds.
Rising poultry outbreaks reduce bird numbers and can weigh on poultry feed demand, mainly affecting corn and soybean meal demand for layers and broilers. The advisory itself is mainly a public health measure with limited direct price impact.
paho.org3 Dec 2022Dec 3, 2022Not 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.
