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A Nature news explainer describes rising concern that bird flu could spark a human pandemic, after a fatal human case in Cambodia and mammal-to-mammal spread on a mink farm. It notes that more than 50 million poultry in the US and a similar number in Europe have died or been culled since the start of 2022.
The article discusses measures such as wild bird tracking and updated human vaccines.
Large poultry losses since 2022 tighten chicken and egg supply and support feed demand from poultry producers. A human pandemic would be a larger shock, but the article presents this as a risk rather than a current market event.
nature.comSidik, Saima MayMar 1, 2023After 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.
