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Authorities reported new H5N8 outbreaks at commercial poultry farms in Iraq that killed 91,350 of 170,000 birds, with survivors culled. The Netherlands reported an H5 outbreak at a farm housing about 36,000 birds, and Vietnam reported its first H5N6 detection of the year.
Poultry losses are small relative to global supply, so the effect on feed demand and prices is limited. Continued spread could reduce poultry output and lower feed-grain demand in affected areas.
cidrap.umn.eduLisa Schnirring, CIDRAP NewsFeb 26, 2018After 645 past disease events, Lean Hogs moved a median -0.1% over 5 sessions (48% higher; middle half -1.8% to +2.1%), and +0.9% over 20.
Not enough comparable past events yet for a historical read.
After 615 past disease events, Soybean Meal moved a median -0.2% over 5 sessions (46% higher; middle half -1.8% to +1.8%), and -0.2% 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.
