
WOAH and FAO's OFFLU network released its 2022 annual report on animal influenza data sharing, vaccine development and diagnostics. The report says H5N1 was the main avian subtype circulating in Africa, the Americas, Asia and Europe, with record case numbers in 2022.
The report reinforces the scale of global avian flu losses but offers no new supply or demand change for feed markets.
After 493 past report events, Lean Hogs moved a median +0.1% over 5 sessions (52% higher; middle half -1.8% to +2.0%), and +0.8% over 20.
Not enough comparable past events yet for a historical read.
After 1,283 past report events, Soybean Meal moved a median -0.1% over 5 sessions (47% higher; middle half -2.0% to +1.7%), 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.