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Highly pathogenic avian influenza is spreading again through US poultry flocks, with 97 flocks and 1.33 million birds affected over 30 days. Cases are concentrated in Indiana and Michigan, and 49 of the flocks are commercial.
Experts warn that case counts could rise into the winter, though the pace is weaker than in past cycles.
Rising culls of laying hens and turkeys can cut poultry output and trim feed demand, while outbreaks tend to lift egg and turkey prices in the short term.
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.