Ohio State University researchers said H5N1 bird flu has spread to dairy cattle and human farm workers and continues to circulate in wild birds. They said there is no evidence of person-to-person spread, but the virus's spread among mammals is a growing concern.
Persistent infection in wild birds and dairy herds raises the risk of recurring poultry and dairy disruptions, though no immediate supply shock is reported.
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.