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Poultry industry groups in the Philippines report little impact on chicken demand or prices from a bird flu outbreak in Cabiao, Nueva Ecija, where 42,000 birds were culled. The outbreak may delay the country's bird-flu-free declaration, which was expected by December 20, and will mainly affect the small export business.
Local chicken demand appears unaffected, so domestic prices are unlikely to move much. Feed demand from the poultry sector stays stable, with only a minor export-side effect.
Not 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.