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Avian Flu Diary reports on the H5N8 highly pathogenic avian influenza situation in Europe, noting a recent surge in avian flu reports across Asia, Africa and Europe. The post recaps the 2016-2017 H5N8 epizootic and the emergence of related reassortant strains.
Renewed avian flu activity in Europe can lead to poultry culls and export restrictions, tightening poultry supply and shifting demand toward other meats while raising demand for feed grains and meals.
afludiary.blogspot.comMichael CostonJan 12, 2020Not enough comparable past events yet for a historical read.
After 145 past neutral disease events, Corn moved a median +0.4% over 5 sessions (58% higher; middle half -1.2% to +1.7%), and +0.0% over 20.
After 98 past neutral disease events, Soybean Meal moved a median -0.2% over 5 sessions (44% higher; middle half -1.9% to +1.5%), and -0.4% 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.
