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USDA's APHIS confirmed virulent Newcastle disease in two more commercial poultry flocks in Riverside County, California, the first commercial cases in the US since 2003. One farm is depopulating 162,000 birds, and the outbreak began in backyard flocks in May 2018.
Culling and possible trade restrictions on US poultry could reduce domestic poultry output and exports, supporting chicken prices and weakening demand for poultry feed in affected areas.
Not 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.