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A FAIRR investor report estimates avian influenza has killed about 40 million birds globally, with economic costs of US$2.5 to 3 billion. Poultry companies such as Tyson Foods have struggled to meet demand, and culling is pushing up food prices.
Global bird losses reduce poultry output and feed demand, though the report is an analysis of costs rather than a new supply shock, so its direct price impact is limited.
foodagribusiness.worldTony McDougalSep 21, 2023Not 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.
