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Penn experts review the H5N1 outbreak, which has reached 443 US dairy herds in 14 states and affected more than 105 million poultry in 48 states. CDC data show 46 human cases this year, and agricultural workers face the highest infection risk.
The cumulative poultry and dairy losses keep chicken and milk supplies under pressure. The article contains no new policy or supply event, so its price relevance is limited.
asc.upenn.eduErica Moser, Penn TodayNov 7, 2024Not enough comparable past events yet for a historical read.
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.
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.
