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India has reported highly pathogenic avian influenza H5N1 and H5N8 across several states including Kerala, Rajasthan and Gujarat, with unusual bird deaths spreading in early January. The government issued an alert under its national containment plan, and similar HPAI outbreaks were recorded in several Asian countries in December.
Poultry losses and culling in India, a major poultry producer, reduce domestic chicken supply and can cut local demand for feed grains and meal.
thehindu.comG. AnanthakrishnanJan 9, 2021Not enough comparable past events yet for a historical read.
After 145 past neutral disease events, Corn moved a median +0.4% over 5 sessions (58% higher; middle half -1.2% to +1.7%), and +0.0% over 20.
After 98 past neutral disease events, Soybean Meal moved a median -0.2% over 5 sessions (44% higher; middle half -1.9% to +1.5%), and -0.4% 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.
