
EFSA, ECDC and the EU reference laboratory report ongoing highly pathogenic avian influenza outbreaks in European birds, with gull die-offs in several countries. Poultry outbreaks declined from their November 2022 peak, but the risk to poultry may rise as gulls spread inland.
Human risk in the EU is assessed as low.
Renewed poultry outbreaks would cut chicken supply and raise poultry prices, while increasing demand for feed substitutes. Expected prevention measures and possible flock losses point to a medium-sized supply risk.
Not enough comparable past events yet for a historical read.
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.