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South African analyst Anthony Clark discusses whether Brazil's avian flu outbreak will benefit local producers such as Astral Foods. He notes that many countries, including China, Japan, Mexico and South Africa, banned Brazilian poultry imports, and that the US market is largely closed to some suppliers.
Import bans on Brazilian poultry shift trade flows toward other exporters, supporting regional chicken prices and modestly affecting demand for feed ingredients.
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.