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PAHO reports that avian influenza A(H5) continues to circulate in the Americas, with 455 animal outbreaks from January to mid-July 2026, down 25.7% from 2025. Mammal outbreaks fell nearly 65%, and no human cases were reported in 2026 so far.
Fewer animal outbreaks than last year reduce disruption to poultry supply in the Americas, a mildly bearish factor for poultry prices that is largely already priced in.
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.