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Rabobank's Q1 2017 Global Poultry Quarterly says bird flu is spreading to Europe, Africa and Asia, with a sharp rise in human cases in China. Restrictions on poultry trade from Europe and the US remain in place.
Ongoing avian flu and trade bans reduce poultry supply and trade flows, which supports chicken prices and can cut feed demand in affected countries.
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.