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Dutch authorities are culling 35,700 broiler chickens after H5N8 bird flu was found on a farm, with transport bans in a six-mile radius covering 25 poultry facilities. USDA reports US whole broiler prices mostly steady, with wing prices firm.
Spanish chicken exports are down 20% this year due to Covid-19.
Avian influenza outbreaks in Europe can trigger trade restrictions and reduce poultry output, modestly supporting chicken prices and feed demand for the region. Spanish export declines weigh on the global market.
thepoultrysite.comMegan HowellOct 30, 2020Not 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.
