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Six HPAI variants were confirmed in commercial poultry in the past week across Taiwan, Italy, the Netherlands, South Africa, the US and Mexico, among others. Taiwan reported further H5N2 outbreaks, and H5N1 returned to Bhutan.
Broad global HPAI activity raises the risk of poultry losses and lower feed demand in affected regions, but scattered outbreaks across many countries are unlikely to move grain or meal prices much.
wattagnet.comJackie LindenMar 18, 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.
