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Bird flu has spread to 10 Indian states, forcing the culling of birds at more than three dozen large farms and the shutdown of hundreds of hatcheries. Industry estimates business losses of around 1,500 crore rupees, and consumption has dropped even in states without confirmed cases.
Culling and hatchery closures cut bird numbers and feed demand across India's poultry sector for months, which weighs on local feed grain and meal purchases. The fear-driven demand drop may persist even outside affected areas.
hindustantimes.comZia HaqJan 11, 2021Not enough comparable past events yet for a historical read.
After 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, Soybean Meal 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.
