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FAO published an explainer on avian influenza, describing it as a transboundary, zoonotic disease that affects wild birds, poultry, mammals and humans. It notes that the current H5N1 outbreak is highly contagious, causes high poultry mortality, and has been found in dairy cattle and other species.
The piece also outlines FAO's work to mitigate these risks.
Ongoing H5N1 spread keeps poultry supply at risk and sustains demand for feed-related trade adjustments, but this is background information rather than a new market shock.
fao.orgJun 18, 2025After 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.
