
The EFSA overview reports about 1,000 highly pathogenic avian influenza detections across 25 EU/EEA countries and the UK, with 592 in domestic poultry and most of those in France's duck sector. Seven human H5N8 cases in Russia, all poultry workers with mild or no symptoms, were also reported.
Continued HPAI pressure on European poultry, concentrated in dense duck and poultry areas, could tighten local poultry supply and modestly support feed demand. The effect on feed grain and meal prices is likely small at this stage.
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.