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H5N1 clade 2.3.4.4b continues to circulate in U.S. dairy cows, poultry and other animals, with 71 human cases confirmed since April 2024. The report notes virus detection in raw milk, genetic links among animal and worker samples, and mutations observed in some human-case virus sequences.
Ongoing infections pose a risk of production disruption in poultry and dairy, which could tighten supplies and support prices if outbreaks lead to culling or controls. No specific production losses are quantified.
flu.org.cnNov 9, 2026After 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.
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.
