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Bird flu has spread to South America, with cases reported in Ecuador, Colombia and Bolivia. Argentina detected the virus in a wild bird, and Uruguay reported its first avian influenza case.
The outbreak is moving closer to Brazil, the world's largest chicken exporter.
A confirmed outbreak in Brazil would disrupt the largest source of global chicken exports, tightening supply and lifting poultry prices. Feed buyers should expect firmer demand for substitute proteins.
bloomberg.comTatiana FreitasFeb 15, 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.
