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Reuters reports US poultry stocks surged after China ended its ban on US poultry meat imports. The ban had been in place since January 2015 over avian influenza, when imports fell to a fifth of their 2014 level.
Reopened access to China is a meaningful export opportunity for US chicken, supporting domestic chicken prices and US feed demand.
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.