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Vox reports that US avian influenza has killed over 100 million chickens and turkeys in the outbreak, with a 1.3 million-hen Weld County, Colorado flock culled in July. It also reports the largest human bird flu exposure event in US history, with six workers infected during a 1.78 million-hen cull.
Losses of more than 100 million birds tighten egg and turkey supply, supporting prices and adding to the layer feed and poultry demand outlook for feed buyers.
vox.comKenny TorrellaJul 24, 2024Not enough comparable past events yet for a historical read.
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.
