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The 2022-2023 HPAI outbreak has depopulated more than 57.7 million US commercial poultry, with layers hit hardest. No commercial case has been reported since April 18, 2023, and industry experts stress biosecurity over vaccination.
Lower flock losses ease egg and turkey supply tightness, while lingering biosecurity and vaccination debates affect future risk premiums in poultry and feed demand.
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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.