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Belgium received an EU state aid exception on June 11, 2019 to fund eradication and farmer compensation for an avian influenza H3N1 outbreak. The outbreak had already hit 60 poultry farms.
H3N1 is classed as low-pathogenic, but the outbreak is behaving like a high-pathogenic strain.
Poultry culls and movement restrictions in Belgium reduce local bird supply and can cut demand for feed grains and meal, though the effect on global prices is small.
fas.usda.govJun 24, 2019Not 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.
