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Niger reported a new HPAI H5N1 outbreak on a farm in Niamey in early January 2022, and 99,022 poultry died or were culled between late December 2021 and January 2022. FAO and USAID are supporting the response, which focuses on surveillance and control of the disease.
Losses in a small, largely traditional poultry sector have little effect on global feed demand, so the price impact is minimal.
fao.orgFeb 17, 2022After 645 past disease events, Lean Hogs moved a median -0.1% over 5 sessions (48% higher; middle half -1.8% to +2.1%), and +0.9% over 20.
Not enough comparable past events yet for a historical read.
After 615 past disease events, Soybean Meal moved a median -0.2% over 5 sessions (46% higher; middle half -1.8% to +1.8%), and -0.2% 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.
