Market events

2022 avian influenza outbreak onset (H5N1 clade 2.3.4.4b)

Feb 2022: a documented market event that overlapped the wholesale price windows of 5 tracked ingredients — co-occurrence in time, never an asserted cause.

What happened

USDA APHIS confirmed highly pathogenic avian influenza (Eurasian H5N1 clade 2.3.4.4b) in a US commercial flock on February 8, 2022 — a commercial turkey operation in DuBois County, Indiana — marking the start of what would become the largest HPAI outbreak in US history. During 2022, APHIS reported the outbreak affected more than 57 million birds nationwide across commercial and backyard flocks in dozens of states, including more than 43 million commercial table-egg laying hens depopulated that year, with the single largest monthly loss in March 2022. Affected commercial flocks included egg layers (~75% of losses), turkeys (~11%), and broilers (~8%).

Documented account from our open, cited registry (sources below). Shown as context beside the price record — co-occurrence in time, never an asserted cause.

Affected ingredients

Why these ingredients were exposed

Each affected ingredient's public supply structure — where it comes from and how much it leans on imports. Context that makes the co-occurrence with a documented event legible, never its cause.

  • EggsDomestically sourced comes almost entirely from domestic production, with little import buffer. Its exposure runs through domestic production structure, not import origins — a domestic event overlaps its price window.
  • Whole turkeyDomestically sourced comes almost entirely from domestic production, with little import buffer. Its exposure runs through domestic production structure, not import origins — a domestic event overlaps its price window.
  • Whole chickenDomestically sourced comes almost entirely from domestic production, with little import buffer. Its exposure runs through domestic production structure, not import origins — a domestic event overlaps its price window.
  • Chicken breast (boneless)Domestically sourced comes almost entirely from domestic production, with little import buffer. Its exposure runs through domestic production structure, not import origins — a domestic event overlaps its price window.
  • Chicken thighDomestically sourced comes almost entirely from domestic production, with little import buffer. Its exposure runs through domestic production structure, not import origins — a domestic event overlaps its price window.

It explains why an ingredient sits in the path of a documented event — not that the event caused any price move. Co-occurrence in time, never a cause.

The detected moves that overlapped

Each figure is a wholesale reference against its own ±26-week normal — a market move, never a delivered price.

  1. Chicken breast — Aug 2022: the wholesale reference ran +110% above its ±26-week normal, held 35 days.

    Co-occurrence in time, not a cause.
  2. Chicken thigh — Aug 2022: the wholesale reference ran +73% above its ±26-week normal, held 56 days.

    Co-occurrence in time, not a cause.
  3. Chicken breast — Dec 2022: the wholesale reference ran −35% below its ±26-week normal, held 91 days.

    Co-occurrence in time, not a cause.
  4. Chicken thigh — Dec 2022: the wholesale reference ran −36% below its ±26-week normal, held 119 days.

    Co-occurrence in time, not a cause.

What moved together

Co-occurrence, not cause

Eggs

In Eggs's 4 notable moves, these ingredients ran the same direction in the same weeks:

  1. Butternut squash1 of 4 moves
  2. Cantaloupe1 of 4 moves
  3. Chicken breast1 of 4 moves
  4. Chicken thigh1 of 4 moves
  5. Collard greens1 of 4 moves

Whole turkey

In Whole turkey's 1 notable moves, these ingredients ran the same direction in the same weeks:

  1. Bok choy1 of 1 moves

Whole chicken

In Whole chicken's 3 notable moves, these ingredients ran the same direction in the same weeks:

  1. Bell pepper1 of 3 moves
  2. Brussels sprouts1 of 3 moves
  3. Ginger root1 of 3 moves
  4. Green beans1 of 3 moves
  5. Green onion1 of 3 moves

Chicken breast

In Chicken breast's 6 notable moves, these ingredients ran the same direction in the same weeks:

  1. Chicken thigh5 of 6 moves
  2. Collard greens2 of 6 moves
  3. Dill2 of 6 moves
  4. Green onion2 of 6 moves
  5. Carrot1 of 6 moves

Chicken thigh

In Chicken thigh's 5 notable moves, these ingredients ran the same direction in the same weeks:

  1. Chicken breast5 of 5 moves
  2. Dill2 of 5 moves
  3. Carrot1 of 5 moves
  4. Cherry tomatoes1 of 5 moves
  5. Collard greens1 of 5 moves

Moving in the same weeks is not one thing causing another — many of these share a growing region, a shipping lane, or an aisle. It is a directed, bounded count: in K of an ingredient's own notable moves, another ran the same way.

Sources

2 sources

Documented events come from our open, cited registry (CC‑BY). Price moves are detected from public history (USDA/BLS/FRED) and shown as co-occurring context, never asserted as the cause. How events are picked.