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Innscor Africa reports that avian flu killed more than one million chickens in South Africa and Zimbabwe between May and August 2017. Table egg volumes were 47% below the prior year, and day-old chick sales fell 10% for the year ended June 30, 2018.
The group offset losses through hatching egg imports and other business lines.
Lower egg and chick output reduces local poultry feed demand in southern Africa, though the impact is regional and the outbreak occurred last year.
cfuzim.orgPost author Written by ...Oct 12, 2018Not 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.
