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The US is pressing China to reopen its market to US poultry, a ban in place since the January 2015 avian influenza outbreak. Brazil's poultry sector is suffering from EU bans and a prolonged truckers' strike that has disrupted feed deliveries.
A Chinese reopening would add US poultry supply to a market dependent on Brazil, while Brazil's feed-delivery disruption shows logistics risk to its chicken output and feed demand.
foodagribusiness.worldTony McDougalJun 1, 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.
