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Bird flu is spreading across Europe, with Poland reporting H5N1 outbreaks at six farms affecting about 650,000 birds, and cases also reported in Britain, France and the Netherlands. Separately, a new African swine fever genotype 1 variant was reported affecting China's pig herd in two provinces.
The Polish losses hit the EU's largest poultry producer and can cut European chicken and turkey supply, while the new ASF strain in China adds uncertainty to Chinese pork demand for feed.
foodinstitute.comJordan WiklundNov 10, 2021Not enough comparable past events yet for a historical read.
After 69 past neutral disease events, Lean Hogs moved a median -0.2% over 5 sessions (48% higher; middle half -1.4% to +1.5%), and -1.6% 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.
