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The 2021-2022 HPAI season was the largest avian flu epidemic observed in Europe, with 2,467 poultry outbreaks and about 48 million birds culled across 37 countries. ECDC and EFSA reported no human transmission in the EU/EEA.
Large-scale culling of European poultry tightens supply and supports poultry meat prices, with some added demand for feed and imported meat.
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.