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South Africa reported a highly pathogenic H5N8 outbreak at a 24,000-bird broiler breeder farm in Mpumalanga, with about 5,000 birds dead and the rest being culled. Earlier in June, South Africa suspended imports of birds and chicken products from neighboring Zimbabwe after an H5N8 outbreak there.
The farm outbreak and the trade suspension tighten regional poultry trade, but the volumes involved are small in global terms.
reuters.comJun 22, 2017After 645 past disease events, Lean 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, Soybean Meal 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.
