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South Africa's poultry industry lost an estimated R9.5 billion from the 2023 H5 and H7 avian influenza outbreaks, with 30% of breeding hens and 20% of layers lost. Breeding egg imports of 150 million since October helped cushion the impact, and egg prices rose 5.4% in Q4 before easing in January.
Lower domestic layer numbers and imported chicks shape South African poultry feed demand, while looser tariffs on poultry imports could divert demand from local production.
freightnews.co.zaFeb 5, 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.
