
Vox reports that H5N1 has killed over 160 million US egg-laying hens since 2022 and that vaccination plans announced in early 2025 have stalled, according to Politico. The article argues that continued outbreaks could raise egg prices this winter.
Stalled vaccination keeps the risk of layer losses elevated into winter, which could cut egg output and modestly support demand for feed grains and meal.
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.