Loading…
Broiler chicken prices in India fell up to 15 percent in the second half of October after a bird flu scare. Consumption dropped, and some centres showed signs of recovery in early November.
Lower Indian poultry demand reduces near-term feed use, though the decline is described as short term and prices are expected to recover with winter demand.
business-standard.comDilip Kumar JhaNov 3, 2016Not enough comparable past events yet for a historical read.
After 145 past neutral disease events, Corn moved a median +0.4% over 5 sessions (58% higher; middle half -1.2% to +1.7%), and +0.0% over 20.
After 98 past neutral disease events, Soybean Meal moved a median -0.2% over 5 sessions (44% higher; middle half -1.9% to +1.5%), and -0.4% 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.
