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Hubei chicken farms face a dwindling feed supply, with some farmers saying only about three days of feed remain because of roadblocks restricting trucks. Hubei holds about 348 million chickens, and the CAAA asked feed producers to send 18,000 tons of feed urgently.
H5N1 outbreaks in neighbouring Hunan are adding to the strain.
Feed logistics blockades in Hubei risk large flock losses and cut soybean meal demand in the short term, while also signalling tighter poultry supply later.
devel.btimesonline.comArtie VillasantaFeb 10, 2020After 34 past bearish logistics events, Soybean Meal moved a median +0.4% over 5 sessions (53% higher; middle half -1.8% to +2.6%), and -1.2% over 20.
After 359 past bearish logistics events, Corn moved a median -0.3% over 5 sessions (44% higher; middle half -1.5% to +1.5%), and -0.5% over 20.
Not 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.
