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Seven Thai firms are licensed to ship poultry to China, where African swine fever has driven consumers from pork to chicken and pushed poultry prices sharply higher. Chicken feet and wings have roughly doubled in price, and Chinese inspectors are visiting Thailand to check plants.
Strong Chinese demand for poultry raises export prices and supports broiler production, which increases feed grain and meal demand. Limited licensed exporters keep the gain concentrated among Thai processors.
nationthailand.comSep 18, 2019Not enough comparable past events yet for a historical read.
After 56 past bullish disease events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.5% to +1.6%), and +0.8% over 20.
After 67 past bullish disease events, Soybean Meal moved a median -0.2% over 5 sessions (46% higher; middle half -1.7% to +1.9%), 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.
