
KFF Health News reports that H5N1 has spread among US dairy cattle, with at least 875 herds across 16 states testing positive. Affected cows show decreased milk production, and farms are treating sick animals with fluids.
Researchers say the US is not on a path to contain the virus on dairy farms.
Lower milk output from infected herds tightens dairy supply and can support milk prices, while disrupted cattle movements add cost pressure. The ongoing spread raises the chance of further herd losses and output declines.
After 22 past bullish disease events, Milk (Class III) moved a median -0.0% over 5 sessions (45% higher; middle half -0.9% to +0.5%), and -2.8% over 20.
After 69 past neutral disease events, Live Cattle moved a median -0.1% over 5 sessions (42% higher; middle half -0.8% to +0.6%), and +0.9% 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.