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USDA data show 414 flocks in 39 US states have been hit by avian influenza since February, with over 40 million birds affected, mostly commercial turkeys and chickens. Nearly 2.7 million birds were killed in recent flocks.
The outbreak has returned to the Midwest earlier than expected.
Losses among commercial turkey and chicken flocks reduce meat supply and can lower feed demand, while the early return raises the risk of further culls.
apnews.comSteve KarnowskiAug 31, 2022apnews.comAug 31, 2022After 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, SBM moved a median -0.2% over 5 sessions (44% higher; middle half -1.9% to +1.5%), and -0.4% over 20.
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.
