Japan confirmed its second highly pathogenic avian influenza outbreak of the season at a poultry farm in Asahi City, Chiba Prefecture, housing about 40,000 chickens. Authorities are culling about 40,000 laying hens and have set a 3 km movement restriction zone and a 10 km shipping restriction zone.
The ministry said eating chicken or eggs poses no infection risk under current conditions.
Culling of 40,000 laying hens removes a small amount of Japanese egg supply, while the restriction zones limit local poultry movements. The effect on feed demand and prices is small unless outbreaks spread to larger farms.
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.