California confirmed highly pathogenic avian influenza in a commercial flock in Stanislaus County, alongside three backyard flocks in Solano and Sacramento counties. Movement restrictions are in place for Stanislaus County.
A single commercial flock loss is small relative to national poultry output, so the effect on feed demand and prices is minimal.
After 645 past disease events, HOGS moved a median -0.1% over 5 sessions (48% higher; middle half -1.8% to +2.1%), and +0.9% over 20.
Not enough comparable past events yet for a historical read.
After 615 past disease events, SBM moved a median -0.2% over 5 sessions (46% higher; middle half -1.8% to +1.8%), and -0.2% 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.