
Wageningen Bioveterinary Research confirmed multiple bird flu strains at a Dutch turkey farm in Moergestel, including H5N8, with about 18,000 animals involved. An industry representative said the virus is spreading through wild birds across many European countries.
A localized Dutch outbreak of about 18,000 birds is a small addition to European poultry losses and has minor effects on feed demand.
After 645 past disease events, Lean Hogs moved a median -0.1% over 5 sessions (48% higher; middle half -1.8% to +2.1%), and +0.9% over 20.
Not enough comparable past events yet for a historical read.
After 615 past disease events, Soybean Meal moved a median -0.2% over 5 sessions (46% higher; middle half -1.8% to +1.8%), and -0.2% over 20.
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.