Farms.com Home   News

USDA Confirms Avian Flu H5N2 in Arkansas Turkey Flock.

The United States Department of Agriculture confirmed  "the presence of highly pathogenic H5N2 avian influenza (HPAI) in a commercial turkey flock in Boone County, Arkansas".

The USDA added that "state officials quarantined the affected premises and birds on the property will be depopulated to prevent the spread of the disease.

Birds from the 40,200-strong turkey flock "will not enter the food system", the statement said, adding that officials deem "low… the risk to people from these HPAI H5 infections in wild birds, backyard flocks and commercial poultry".

'Could widen trading bans'

However, the discovery raised concerns over further curbs on US broiler exports, with countries such as Singapore and Taiwan already having curbed imports of poultry from some US states on grounds of bird flu outbreaks.

"This could widen US poultry trading bans," broker CHS Hedging said.

"Arkansas is the third largest US turkey-producing state, as well as the headquarters for Tyson Foods, the nation's largest chicken company."

Shares in poultry companies fell after US officials confirmed the discovery of a "highly pathogenic" bird flu strain in Arkansas.

Shares in Tyson Foods, the top US-based meat producer, stood 4.9% lower at $37.81 in afternoon deals in New York, where stock in Sanderson Farms, the third-ranked US poultry group, stood 5.8% lower at $77.71.

Shares in Pilgrim's Pride, the US poultry giant controlled by Brazil's JBS, stood 7.2% lower at $24.63.


Trending Video

U.S.-China Trade “Truce” + U.S. Fed Cuts Rates Again

Video: U.S.-China Trade “Truce” + U.S. Fed Cuts Rates Again


The market was hoping for a US-China trade deal, but we got a trade “truce” for now from the keenly awaited Trump-Xi meeting at the APEC Summit.
China commits to minimum purchase commitments of 12 MMT of U.S. soybeans during the “current season” and a minimum of 25 MMT annually through 2028.
U.S. Treasury Sec Bessent said other Asian countries have agreed to buy additional 19 MMT of US soybean.
Soybean futures trading above $11 now- they normally tend to rally to $12.
As expected, US Fed cuts interest rates by -0.25% again in October to 3.75%–4.00%. No further cuts promised for this year but trade looking out to the Dec FOMC.
The Bank of Canada cut interest rates to 2.25% but raised concern over trade war damage.
Soy meal futures, remarkably, have had 14 consecutive higher close sessions. A bull market in soybeans is a bull market in soy meal!
Cattle futures lower as funds unwind out of cattle for now due to Trump headlines and objective to lower beef prices.
All major stock indices climb to new record highs. It was Mag 7 reporting week, which had mixed results. But we now have the first $5 trillion company in Nvidia!