
WOAH hosted its first Animal Health Forum dedicated to avian influenza, citing over 500 million birds lost since 2005 and rising mammalian cases. Discussions focused on vaccination strategy, including the need for surveillance along the supply chain.
Broader use of poultry vaccination could eventually stabilize flock losses and supply, but this is policy discussion with no immediate price impact.
After 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.