
ECDC and EFSA issued scientific advice identifying 34 avian influenza mutations that could raise the risk of spread to humans. The advice includes recommendations for animal and public health surveillance and preparedness across Europe.
This is risk assessment guidance without a direct change to poultry or livestock supply, so price impact is minimal.
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.