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U.S. bird flu outbreaks in wild birds and poultry are approaching a record, with over 49 million birds affected across 46 states since early 2022. The CDC says the general public risk remains low.
Large poultry losses reduce chicken meat and egg supply, which can lift feed demand for corn and soybean meal from layers and broilers, though lower bird numbers also cut feed consumption.
cdc.govCDCNov 3, 2022Not enough comparable past events yet for a historical read.
After 145 past neutral disease events, Corn moved a median +0.4% over 5 sessions (58% higher; middle half -1.2% to +1.7%), and +0.0% over 20.
After 98 past neutral disease events, Soybean Meal moved a median -0.2% over 5 sessions (44% higher; middle half -1.9% to +1.5%), and -0.4% 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.
