
A University of Maryland-led study tracked the spread of H5N1 bird flu in North America and found it is now killing wild birds previously unaffected and infecting poultry year-round. The researchers concluded the virus will likely become endemic and called for coordinated national and regional responses.
If H5N1 becomes endemic, recurring poultry losses could keep egg and poultry supply tight and raise production costs. This is a research finding rather than a new supply shock.
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.