
Midwestern egg and chicken producers increased biosecurity after avian influenza was confirmed on a Tennessee farm, the first such case this year. Iowa and Nebraska have not detected the virus, but producers in the Mississippi flyway are monitoring closely.
Heightened fear of spread into major Midwest layer and broiler areas could cut poultry flock size and therefore feed demand if outbreaks expand.
Not enough comparable past events yet for a historical read.
After 145 past neutral disease events, Corn moved a median +0.4% over 5 sessions (58% higher; middle half -1.2% to +1.7%), and +0.0% over 20.
After 98 past neutral disease events, Soybean Meal moved a median -0.2% over 5 sessions (44% higher; middle half -1.9% to +1.5%), and -0.4% 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.