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Bird flu culling in Haryana's Panchkula has affected over 400,000 birds in a month, and Punjab banned live bird and unprocessed meat imports. Himachal Pradesh restricted poultry product sales, and Madhya Pradesh authorised trade bans with southern states.
Culling and trade restrictions shrink poultry output and feed demand in northern India, a modest bearish factor for feed grains and meal.
indiatoday.inBy: Rahul NoronhaJan 11, 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, SBM 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.
