
Avian flu has devastated turkey farms in Minnesota, with 83 farms affected and 33 of them in Kandiyohi County. Feed mills and related businesses in the area report sharply reduced grain and feed demand.
Dead turkey flocks cut feed consumption in a major turkey-producing region, which weakens local demand for corn and soymeal. The effect is regional and moderate relative to national feed use.
After 175 past bearish disease events, CORN moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.5%), and +0.6% over 20.
After 167 past bearish disease events, SBM moved a median -0.6% over 5 sessions (40% higher; middle half -1.8% to +1.4%), and -0.8% 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.