# Avian flu still affecting agricultural cycles – Quantum Foods

> Quantum Foods reported that the first six months of its financial year, ending March 31, were shaped by the 2017 highly pathogenic avian influenza outbreak and by lower raw material costs. Yellow maize prices on SAFEX fell 33% and landed soybean meal costs fell 6% versus the prior-year period, following a record maize harvest and a stronger rand.

- Date: 2018-05-24 · published 2018-05-24T12:00:00.000Z
- Category: disease · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/65047-avian-flu-still-affecting-agricultural-cycles-quantum-foods
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Lower maize and soybean meal costs reduce feed input prices for South African poultry producers, while weaker local demand after avian flu limits upside for feed grains and meal.

## Read by commodity

- SBM: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-12-23 | [Avian flu still spreading in the West](https://feedsoft.ai/events/16229-avian-flu-still-spreading-in-the-west.md) | +2.1% | +2.2% |
| CORN | 2021-06-16 | [South Africa’s poultry sector focuses on avian flu control \| WATTPoultry.com](https://feedsoft.ai/events/46579-south-africa-s-poultry-sector-focuses-on-avian-flu-control-wattpoultry-com.md) | -2.3% | +2.5% |
| CORN | 2023-11-02 | [Avian flu, rising costs hit African poultry producers \| WATTPoultry.com](https://feedsoft.ai/events/33322-avian-flu-rising-costs-hit-african-poultry-producers-wattpoultry-com.md) | +1.4% | -2.0% |
| CORN | 2017-12-07 | [SA egg prices seen rising 20% after avian flu outbreak - Moneyweb](https://feedsoft.ai/events/67479-sa-egg-prices-seen-rising-20-after-avian-flu-outbreak-moneyweb.md) | +2.9% | +6.2% |
| CORN | 2017-09-03 | [Avian Flu crisis: Poultry producers slam govt](https://feedsoft.ai/events/68970-avian-flu-crisis-poultry-producers-slam-govt.md) | +0.6% | +1.9% |
| SBM | 2022-12-23 | [Avian flu still spreading in the West](https://feedsoft.ai/events/16229-avian-flu-still-spreading-in-the-west.md) | +4.6% | +3.8% |
| SBM | 2021-06-16 | [South Africa’s poultry sector focuses on avian flu control \| WATTPoultry.com](https://feedsoft.ai/events/46579-south-africa-s-poultry-sector-focuses-on-avian-flu-control-wattpoultry-com.md) | -1.8% | -3.8% |
| SBM | 2023-11-02 | [Avian flu, rising costs hit African poultry producers \| WATTPoultry.com](https://feedsoft.ai/events/33322-avian-flu-rising-costs-hit-african-poultry-producers-wattpoultry-com.md) | +4.3% | +3.6% |

## Sources

- engineeringnews.co.za: https://www.engineeringnews.co.za/article/avian-flu-still-affecting-agricultural-cycles-quantum-foods-2018-05-24

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.