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The Philippines lifted its temporary ban on poultry imports from Brazil and six US states after the WOAH confirmed no new highly pathogenic avian influenza cases. Officials expect the return of Brazilian supply to ease local chicken prices within weeks.
Restored Brazilian and US poultry exports to the Philippines add supply to a tight market, which should pressure chicken prices lower.
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.