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USDA APHIS confirmed highly pathogenic avian influenza on 23 October 2026 at a commercial turkey breeder hen operation in Barron County, Wisconsin, affecting about 13,500 birds.
Losses of 13,500 breeder birds are small relative to US poultry output, so the effect on feed demand is limited. Further spread in the region would be needed to move poultry feed prices.
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.