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Saudi Arabia confirmed an H5N8 outbreak in Riyadh that killed 14 birds, with about 60,000 birds in the exposed flock culled. The kingdom had recently lifted a temporary import ban on poultry from Greece, the Czech Republic, Romania and Mozambique.
A small outbreak in a single Saudi flock has negligible effect on global poultry or feed supply and prices.
thenationalnews.comReutersDec 23, 2017After 645 past disease events, 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, SBM 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.
