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A second highly pathogenic H5N8 avian influenza outbreak was confirmed at a South African breeding farm in Mpumalanga. Four earlier outbreaks led to quarantines, and chicken exports have been banned.
Producers face higher biosecurity and production costs.
The export ban keeps more chicken in the domestic market, which can weigh on local prices, while lost production and higher costs push producers toward higher prices. Reduced flock output tightens the poultry feed demand outlook in South Africa.
bizcommunity.comWilene van Greunen, Everlytic, Vaughan Croeser, Jonathan Oladeji, Chioma OkoroAug 18, 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.
