|Avian Flu Will Have Notable Impact on Poultry Trade: Report
Rabobank’s Food & Agribusiness Research and Advisory group says avian flu virus pressure will become a global issue for the ag industry after new high-pathogenic avian flu outbreaks in the European Union, Canada, India and Egypt add to existing cases in East Asia and Mexico.Rabobank analyst Nan-Dirk Mulder says the disease is increasingly spreading globally via wild birds.
Affected regions will therefore continue to suffer from economic damage and temporary lost export markets, with lower local prices especially for dark meat, Rabobank says. The bank’s report comes just as USDA this week announced a pathogenic bird flu strain had been identified in wild birds in Washington state.
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