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Brazil expanded its halt on chicken, egg and poultry product exports to China because of avian influenza. Chinese frozen chicken prices rose CNY 1,000 to 3,000 per ton, and Brazil expected to resume exports within 15 to 30 days.
Removing Brazil, the largest chicken exporter, from China's import supply tightens global poultry trade and supports chicken prices, with the effect dependent on how quickly exports resume.
agripost.cn作者: 牧食记AgriPost.CNAug 3, 2024Not 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.
