
A Rutgers infectious disease expert explains H5N1 bird flu basics, noting more than 136 million US birds affected since 2022 and over 5 million egg-laying hens lost in early 2025. Fewer than 100 human cases have been reported, most linked to close contact with sick birds.
This is a general explainer on disease risk. The heavy layer losses it cites are already reflected in known outbreak reports, so it adds little new price information.
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.