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The H5N8 outbreak in South Africa's Western Cape has caused production losses above R800 million, with over two million chickens culled and 36 outbreaks in the province. Seventy ostrich farms were quarantined and six provinces were affected.
Large culls and quarantines reduce poultry and egg supply and constrain farm income for an extended period. This supports higher chicken and egg prices in South Africa while local feed demand from poultry producers falls.
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.