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Bird flu detected on a single southern Brazil farm is cutting chicken supplies to importers from China to Europe. Bans on Brazilian chicken have shut markets worth more than $4 billion a year, about 40% of Brazil's export revenue.
The article notes consumers are expected to eat a record amount of chicken in the US this year.
Brazil supplies more than a third of global chicken exports, so a sustained ban removes a major source of supply and points to higher global chicken prices. The impact on alternative suppliers such as the US should be significant.
bloomberg.comClarice CoutoJun 1, 2025Not 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.
