Loading…
Mexico raised its tariff-free chicken import quota by 55,000 tonnes to avoid shortages caused by avian flu outbreaks. It also banned chicken imports from several US counties over a reported Newcastle disease outbreak.
Higher Mexican import quota supports demand for chicken, though the US county bans limit American exports. Net effect is modestly supportive for chicken and feed demand.
thepoultrysite.comRyan JohnsonMay 28, 2019Not enough comparable past events yet for a historical read.
After 480 past neutral trade events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% 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.
