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Two more H5N8 bird flu outbreaks were reported in Poland, one in turkeys-adjacent guinea fowl in Lubelskie and one affecting 65,000 chickens in Wielkopolskie, bringing the week's total to five. Authorities warned of spread risk given the density of poultry farms.
Spreading outbreaks in Poland, Europe's largest poultry producer, increase the likelihood of wider culls and trade restrictions, supporting European chicken prices and feed demand.
9news.com.auAAPJan 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.
