
Japan confirmed its first bird flu case of the season at a poultry farm in Kameoka, Kyoto prefecture, where 14 birds died. Authorities have begun culling about 200,000 chickens, and the government has urged farmers to follow strict hygiene.
A cull of 200,000 birds is a small share of Japanese poultry output, so the direct effect on feed demand is limited. Continued outbreaks in Asia could modestly support egg and chicken prices and affect demand for feed ingredients.
Not enough comparable past events yet for a historical read.
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.