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Bird flu was detected in poultry in Georgia, a major US state. An industry group said the outbreak is set to trigger trade restrictions from major meat importers.
Export restrictions on US chicken would cut foreign demand for broiler meat, pressuring chicken prices and reducing demand for feed grains used by broiler producers.
reuters.comTom PolansekJan 21, 2025Not enough comparable past events yet for a historical read.
After 175 past bearish disease events, Corn moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.5%), and +0.6% over 20.
After 167 past bearish disease events, Soybean Meal moved a median -0.6% over 5 sessions (40% higher; middle half -1.8% to +1.4%), and -0.8% 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.
