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The Philippines issued a temporary ban on poultry imports from the UK on March 5 over H5N8 avian influenza outbreaks. Processors warn that the loss of UK, Dutch and German mechanically deboned chicken supply has pushed prices from other origins up over 100%.
Tighter global supply of mechanically deboned chicken and rising import prices can shift Philippine demand toward other poultry sources and raise processed meat costs.
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.