
EFSA, ECDC and the EU reference laboratory reported 75 HPAI detections in European birds between mid-June and late September 2024, with a notable rise along Atlantic, North Sea and Baltic coasts. The overview also noted over 230 US dairy cattle establishments affected in 14 states and 19 new human avian influenza cases globally.
Continued detections in European poultry and wild birds can trigger movement restrictions and culling, affecting local poultry supply and demand for poultry feed. Overall European detections remained low, so the price impact is limited.
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.