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Highly pathogenic avian influenza was reported in six more poultry flocks in Jalisco, Mexico, bringing that country's 2019 total to 30 outbreaks and over 1.03 million birds lost. Taiwan reported a new H5N2 outbreak and Chile reported a milder variant in turkeys.
Poultry losses in Mexico and Asia reduce local chicken supply and can shift demand toward other proteins, while also reducing feed demand from affected flocks. The impact on global feed prices is modest given the scale of the outbreaks.
wattagnet.comJackie LindenOct 25, 2019Not 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.
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.
