The monitoring roundup reports HPAI detections in commercial poultry flocks in Washington, South Dakota, and Quebec, affecting tens of thousands of birds. It also summarizes a USDA assessment that infected cattle from Idaho likely carried bird flu to Washington dairy herds, along with other bird-flu updates and reports of a human fatality.
Poultry outbreaks and culling can tighten regional chicken and egg supplies, while spread among dairy cattle raises risks for milk production; price effects depend on the scale and duration of containment.
Not enough comparable past events yet for a historical read.
After 22 past bullish disease events, Milk (Class III) moved a median -0.0% over 5 sessions (45% higher; middle half -0.9% to +0.5%), and -2.8% 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.