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Highly pathogenic H5N8 avian influenza was detected in turkey flocks in eastern Poland, with up to 40,000 birds potentially culled. Poland, Europe's largest poultry producer and exporter, had not reported an outbreak since 2017.
Culls in Europe's largest poultry exporter tighten European poultry supply and can trigger export bans, supporting chicken and turkey prices and modestly lifting demand for feed ingredients.
fwi.co.ukPhilip CaseJan 3, 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.
