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The CMS and FAO Scientific Task Force on Avian Influenza and Wild Birds issued guidance on unprecedented H5N1 mortality among wild birds. It urges countries to treat the virus as a conservation issue and to avoid culling wild birds.
The guidance concerns wildlife conservation rather than commercial flock supply, so it has little direct effect on feed or meat prices.
fao.orgJul 13, 2023After 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.
