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South African poultry producer Quantum Foods said nearly 2 million chickens worth 106 million rand have been killed by a highly pathogenic bird flu outbreak. It lost about 1.5 million laying and breeding birds in the current wave, on top of 420,000 layers lost in April.
Heavy layer and breeder losses tighten South African egg and chicken supply, supporting local poultry prices and raising import demand for feed ingredients to rebuild flocks.
reuters.comSep 22, 2023Not enough comparable past events yet for a historical read.
After 145 past neutral disease events, Corn moved a median +0.4% over 5 sessions (58% higher; middle half -1.2% to +1.7%), and +0.0% 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.
