
The UNEP/CMS and FAO Scientific Task Force on Avian Influenza and Wild Birds issued a statement on H5N8 HPAI in poultry and wild birds. It is aimed at governments, the poultry sector and conservation groups and covers how wild birds may spread the virus and what actions to take.
This is a guidance document on wildlife and disease surveillance with no direct supply or demand change for feed ingredients. Its impact on prices is negligible.
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.