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South Korea reported no new highly pathogenic bird flu cases since early April, with no poultry farm cases since April 6. The national alert was lowered from red to blue earlier in May.
The end of the Korean outbreak reduces disruption to poultry output and regional demand. The effect on feed and meat prices is small.
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.