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A Nature study experimentally infected calves and cows with H5N1 clade 2.3.4.4b to examine how the virus behaves in cattle. It follows the March 2024 detection in Texas dairy cows and spread to more than 380 farms in 14 states.
Evidence that the virus persists in cattle raises the likelihood of ongoing dairy disruption and cross-species spread to poultry. Feed demand effects from dairy losses are modest and not yet priced in clearly.
nature.comHalwe, Nico Joel, Cool, Konner, Breithaupt, Angele, Schön, Jacob, Trujillo, Jessie D.Oct 1, 2024After 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.
