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The US government has reported H5N1 bird flu in seven Texas dairy herds and one human case linked to cow contact. The outbreaks are the first in US cattle, and Texas is the largest US cattle producing state.
Reports also link the spread to migrating ducks and poultry infections.
Poultry infections reduce chicken and egg supply, which can lift poultry prices and feed demand for poultry. The dairy outbreak adds uncertainty to milk output.
reuters.comTom PolansekApr 3, 2024Not enough comparable past events yet for a historical read.
After 22 past neutral disease events, MILK moved a median -0.1% over 5 sessions (41% higher; middle half -1.4% to +0.5%), 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.
