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The Philippine poultry industry reports losses of about P179 million per day from an avian influenza outbreak in San Luis, Pampanga, and a nationwide shipping ban from Luzon. Total losses since the outbreak was revealed have reached P895 million.
Farm groups are asking for the restrictions to be eased for farms outside the quarantine zone.
Blocked shipments from Luzon leave surplus poultry in the region, pressuring local chicken prices while feed buying from affected producers slows.
gmanetwork.comJON VIKTOR D. CABUENAS, GMA NewsAug 16, 2017Not 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.
