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An avian flu outbreak in Accra compounded existing feed shortages for Ghanaian poultry farmers. Farmers report that maize, wheat bran and soybean cake are scarce and costlier.
They warn of wider economic damage if the outbreak spreads.
Higher feed costs and shortages in Ghana cut local feed-grain and soymeal demand from poultry producers. The impact on world prices is small.
globaltimes.cnGlobal TimesJul 22, 2021After 175 past bearish disease events, Corn moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.5%), and +0.6% over 20.
After 167 past bearish disease events, Soybean Meal moved a median -0.6% over 5 sessions (40% higher; middle half -1.8% to +1.4%), and -0.8% 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.
