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The Biden administration is testing four avian influenza vaccines and plans a national vaccination campaign to curb the outbreak that devastated US poultry and drove up egg prices. The effort aims to stop further losses in the flock.
A vaccination program could reduce future bird losses and supply shocks, lowering the risk premium in egg and poultry prices and the derived feed demand.
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.