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EFSA's overview covers 16 May to 15 August 2020, recording seven HPAI H5N8 poultry outbreaks in Europe, six of them in Hungary and one in Bulgaria. It also notes one low-pathogenic H5N3 outbreak in Italy and describes the Hungarian cases as the tail end of the winter and spring epidemic in central Europe.
Summer outbreaks in Europe were limited, which suggests little near-term pressure on poultry output or feed demand. The report has no direct effect on feed grain or meal prices.
doi.orgEuropean Food Safety Authority, Cornelia Adlhoch, Alice Fusaro, Thijs Kuiken, Éric Niqueux, Christoph Staubach, et al.Sep 1, 2020After 645 past disease events, Lean Hogs moved a median -0.1% over 5 sessions (48% higher; middle half -1.8% to +2.1%), and +0.9% over 20.
Not enough comparable past events yet for a historical read.
After 615 past disease events, Soybean Meal moved a median -0.2% over 5 sessions (46% higher; middle half -1.8% to +1.8%), and -0.2% 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.
