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H5N6 avian flu spread through birds in China's Sichuan province, leading to the culling of 38,000 poultry in Mianzhu. Macau halted poultry imports from mainland China after H7 detections and quarantined a man with H7N9.
Hungary, Poland and France also reported more H5N8 farm outbreaks.
Culling in China and import bans from Macau reduce local poultry supply and trade flows. The effect on feed prices is small, but ongoing spread across several regions keeps supply risk elevated.
cidrap.umn.eduDec 14, 2016After 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.
