Bird flu spreads to dairy herds across multiple states, raising animal-health and trade concerns.
After 356 past disease events, Live Cattle moved a median +0.2% over 5 sessions (54% higher; middle half -0.8% to +1.1%), and +1.1% over 20.
After 266 past disease events, Feeder Cattle moved a median +0.5% over 5 sessions (59% higher; middle half -1.1% to +1.7%), and +1.7% over 20.
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.
H5N1 detection in US dairy herds (confirmed Mar 25, with further state detections around Apr 1) raised animal-health and possible trade-restriction fears across the cattle complex, weighing on feeder cattle futures through sentiment, though the market impact on beef cattle supply was indirect.
H5N1 detection in US dairy herds (confirmed Mar 25, with further state detections around Apr 1) raised animal-health and possible trade-restriction fears across the cattle complex, weighing on feeder cattle futures through sentiment, though the market impact on beef cattle supply was indirect.