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Highly pathogenic avian influenza outbreaks have been confirmed in poultry and ostriches in India, Nigeria, Russia and South Africa. A low-pathogenic virus was also detected again in the Dominican Republic.
Poultry outbreaks in several countries reduce local chicken supply and modestly reduce demand for corn and soymeal used in poultry feed.
wattagnet.comJackie LindenJan 31, 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.
