Loading…
New HPAI outbreaks were reported in poultry in Saudi Arabia (seven H5N8 outbreaks in Riyadh region, over three million birds lost), Taiwan (H5N2 and H5 cases in duck and goose flocks), and Togo, while a low-pathogenic virus was found in Denmark. Saudi Arabia's total since December reached 29 outbreaks.
Poultry losses in importing markets reduce local bird numbers and can trigger import bans, which modestly lowers demand for feed grains and meal, though the effect is small relative to global supply.
wattagnet.comJackie LindenMay 7, 2018Not 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.
After 98 past neutral disease events, Soybean Meal moved a median -0.2% over 5 sessions (44% higher; middle half -1.9% to +1.5%), and -0.4% 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.
