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South Africa's poultry sector has made avian influenza control its top priority after H5N1 HPAI was detected in Gauteng in April. Commercial layer and broiler breeder farms have been affected, and one exporting premises was hit, prompting export restrictions from key markets.
Export restrictions and flock losses in South Africa reduce local poultry feed demand, a small bearish factor for regional feed grain and meal demand.
wattagnet.comJackie LindenJun 16, 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.
