Loading…
South Africa has recorded 94 outbreaks of H7N6 avian influenza affecting more than 8.3 million poultry, plus 14 H5N1 outbreaks since April. More than 20% of the country's laying hens have died or been culled, and supermarket egg shelves are reportedly empty.
Losses in South African layer and broiler flocks cut feed demand and raise regional poultry prices, with possible import needs for eggs and chicken.
wattagnet.comJackie LindenNov 2, 2023Not 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.
