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Japan's chicken production is projected flat in 2021 after highly pathogenic avian flu culled about one million broilers and nine million layers from November 2020 to February 2021. Imports are expected to rise slightly as domestic prices increase.
Avian flu losses tighten Japanese domestic supply and lift import demand for chicken, which supports international chicken prices and trade volumes.
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.