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Highly pathogenic avian influenza has been reported in poultry and ostriches in China, India, Nigeria, South Africa and Taiwan over the past two weeks. Taiwan reported four H5N2 outbreaks affecting about 65,500 birds, and China confirmed H5N6 in a Yunnan village flock.
India reported its first H5N1 outbreak in domestic poultry in Jharkhand.
Scattered poultry losses are small relative to global supply, so the price effect is limited. Repeated outbreaks in major producers can still tighten poultry meat and feed demand at the margin.
wattagnet.comJackie LindenFeb 28, 2019After 645 past disease events, Lean Hogs moved a median -0.1% over 5 sessions (48% higher; middle half -1.8% to +2.1%), and +0.9% over 20.
Not enough comparable past events yet for a historical read.
After 615 past disease events, Soybean Meal moved a median -0.2% over 5 sessions (46% higher; middle half -1.8% to +1.8%), and -0.2% 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.
