
Mexico has narrowed its import restrictions on poultry meat to Santa Catarina state rather than all of Brazil, according to a Brazilian agriculture ministry note. Live chicken in western Santa Catarina is quoted at R$4.27/kg, and daily domestic feed and byproduct prices are listed.
Regionalization of the Mexican restriction limits the export risk to Brazilian chicken, which supports broiler demand and feed ingredient demand from Brazil. Keeping the ban regional reduces downside pressure on domestic chicken and feed prices.
Not enough comparable past events yet for a historical read.
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.
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.
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.