
Scientists report that H5N1 avian influenza has expanded globally through migratory bird routes into Europe and the Americas. Infections in mammals and sporadic human cases, one fatal, have raised pandemic concerns.
Persistent global poultry losses tighten protein supply over time. The article is an opinion piece on prevention and does not signal a new market-moving event.
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.