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Avian influenza in Europe is approaching levels last seen in 2016, with about 5 million birds culled in Poland. Russia reported the first human cases of H5N8 transmitted from birds, among seven poultry plant workers.
Egg supply is shrinking in Poland, with prices rising in France and Germany.
Rising European layer losses tighten egg supply and support prices. The Russian human cases raise concern and could prompt wider trade restrictions on poultry.
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.