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Iran reported an H5N8 bird flu outbreak among backyard poultry in Valiran, Tehran region, with 10 of 138 birds infected and the rest slaughtered. Officials note Iranian farms are hit by avian flu every year at this time.
A small backyard outbreak has negligible effect on feed demand, so the price impact on feed ingredients is minimal.
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.