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Brazilian chicken prices declined in many regions in early July, according to Cepea. Domestic supply exceeded demand after export restrictions followed a bird flu case in Rio Grande do Sul in May, and school holidays reduced demand.
Excess domestic chicken supply in Brazil pressures local prices, though resumed export purchases could eventually tighten the balance.
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.