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Animal health agencies in Mexico, South Africa and Taiwan reported new highly pathogenic avian influenza outbreaks to the OIE in the past week. Taiwan confirmed four H5N2 outbreaks affecting over 23,000 poultry, and Mexico reported three more H7N3 outbreaks from June.
Poultry disease outbreaks reduce local flock sizes and can trigger trade restrictions on poultry exports, modestly supporting demand for feed grains and meal from importers while weighing on regional poultry output.
wattagnet.comJul 15, 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.
