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Avian influenza losses in May are on track to be the smallest of the year, with nearly 38 million domestic birds dead since February. USDA doubled the money available for HPAI response to nearly $800 million.
Fading outbreaks suggest layer supply losses will slow, easing pressure on egg and poultry prices and limiting incremental feed demand losses.
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.