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Highly pathogenic avian influenza has returned to poultry in Benin and Côte d'Ivoire, with further cases in Ghana, Nigeria and South Africa. Benin's first H5N1 detection since 2008 killed almost all of about 6,660 birds in a village near the Nigerian border.
Spreading poultry disease in West Africa cuts local chicken production and import demand, which modestly weakens regional demand for feed ingredients.
Not 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.