Wednesday, April 10, 2013

Wilmar

Birdflu / Wilmar: Death toll rises to 9, with industry grps noting that China's bird flu outbreak is "devastating" poultry sales. In some cities, daily chicken sales tumbled more than 50%. An escalation in mass culling may cut soybean meal demand/prices, and in turn, crush margins in China. Expect near-term weakness for Wilmar.

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