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The FAO's update on highly pathogenic avian influenza in sub-Saharan Africa lists H5N1 confirmed in seven countries and H5N8 in seven countries. South Africa has reported 138 outbreaks to date, with 19 new since the last update, and Nigeria has reported 4.
Outbreaks in African poultry sectors reduce local poultry supply and can slow feed purchases. The effect on global feed prices is small at current scale.
africanharvesters.comAfrican Harvesters http://www.africanharvesters.comFeb 28, 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.
