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Malaysia has halted chicken exports amid rising prices, and Indonesia is looking to export chickens to Singapore, which faces shortages. Chicken prices in Malaysia have soared as a global feed shortage linked to the Russia-Ukraine war disrupts production.
A regional feed shortage tightening poultry supply in Southeast Asia supports feed demand for corn and soymeal and signals higher poultry prices across the region.
reuters.comChen LinJun 20, 2022Not enough comparable past events yet for a historical read.
After 323 past bullish geopolitics events, CORN moved a median +0.5% over 5 sessions (57% higher; middle half -1.5% to +2.9%), and +0.9% over 20.
After 34 past bullish geopolitics events, SBM moved a median -0.2% over 5 sessions (47% higher; middle half -2.2% to +3.5%), and +1.2% 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.
