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More than R950 million has been lost in South African egg production and broiler delivery due to avian flu. Farmers culled thousands of birds, some farms have been closed for six months, and large-scale job losses have followed.
No compensation is planned, as the agriculture minister declined to consider it in 2017.
Sustained losses and farm closures cut domestic poultry output, widening the import gap and supporting demand for feed grains and meal in the region.
southafricatoday.netSATFeb 17, 2018Not enough comparable past events yet for a historical read.
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.
