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Reuters reports that H5N8 bird flu is spreading rapidly in Europe, with cases in wild birds and farms across many countries. At least 1.6 million chickens and ducks have died or been culled.
The Netherlands and Poland account for major losses.
Farm culls and export risks for major EU poultry exporters reduce bird numbers and feed demand. Trade restrictions could lower poultry prices.
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.