
EFSA reported around 5,300 HPAI detections in poultry, captive and wild birds across 36 EU/EEA countries and the UK in the 2021-2022 season, the largest on record. About 46 million birds were culled on 2,398 poultry outbreaks, and HPAI H5 may have become endemic in European wild birds.
Heavy culling reduces EU poultry supply and raises demand for substitute proteins, supporting feed grain and meal use while lifting chicken prices.
Not enough comparable past events yet for a historical read.
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.