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UN agencies warned that highly contagious bird flu has spread explosively to new geographic regions. About ten countries have reported outbreaks in land and sea mammals since 2022.
Wider spread among wild and farmed animals raises the risk of poultry culling and trade restrictions, which could support chicken prices over time.
reuters.comJul 12, 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.
