
FAO reports ongoing highly pathogenic avian influenza in Sub-Saharan Africa across many countries, with H5N1, H5N8 and H7 subtypes detected. One new animal event was recorded since the 10 September update, and no new human cases were reported.
Regional poultry losses in Africa are a small share of global trade, so the direct price effect on feed grains and meal is limited.
After 645 past disease events, Lean 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, Soybean Meal 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.