
Niger reported an H5N1 avian influenza outbreak among poultry in a village in the south of the Tahoua region, killing most of a 4,920-bird flock. The outbreak was the first in Niger since July 2021, according to WOAH.
A single small flock outbreak in a low-volume market has negligible effect on global feed or poultry prices. It is a localized disease 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.