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The OIE assessment says highly pathogenic avian influenza is waning in its second global wave, with about 118 million domestic poultry lost from 2013 to 2017. Asia was the only region reporting significant poultry losses in January 2018, with more than 565,000 birds lost.
Cumulative losses have reduced global poultry flocks over several years, which lowers feed demand. The current decline in outbreaks points to limited near-term feed price impact.
wattagnet.comJackie LindenFeb 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.
