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Nearly 100 million chickens and turkeys have been culled since the current H5N1 outbreak began in February 2022. Hot spots still occur, but their frequency has dropped because of farm biosecurity and coordinated response.
Falling outbreak frequency suggests poultry losses are easing, which reduces the supply risk for chicken and feed demand.
Not enough comparable past events yet for a historical read.
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.