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EFSA published a scientific opinion summarizing avian influenza detections in Europe and beyond for February to May 2020. The overview covers the continued circulation of highly pathogenic avian influenza in wild birds and poultry.
Ongoing HPAI detections keep the risk of poultry culls and trade restrictions alive, which can tighten chicken supply and support feed demand at the margin.
onlinelibrary.wiley.comAbdollahi HJun 1, 2020After 645 past disease events, 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, SBM 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.
