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The WOAH report counts 1,692 HPAI outbreaks in poultry and 1,174 in mammals from January 2024 to May 2025, across 59 countries reporting poultry outbreaks. Losses totaled 148.68 million poultry, and the number of mammal outbreaks rose sharply after dairy cattle infections in the US.
Large poultry losses and widening spread across species keep global poultry supply constrained, supporting chicken prices and feed demand over the medium term.
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.