The Swine Health Information Center reports continued African swine fever activity in wild boar across Europe, Asia and Africa. Foot-and-mouth disease serotype A has re-emerged in Vietnam after eight years, and classical swine fever has been detected in Japan.
Multiple pig disease detections in major import and export regions raise trade restriction risk and weigh on pork demand, which can pressure hog prices and feed demand.
After 117 past bearish disease events, Lean Hogs moved a median -0.6% over 5 sessions (36% higher; middle half -2.2% to +1.6%), and +1.2% over 20.
After 98 past neutral disease events, Soybean Meal moved a median -0.2% over 5 sessions (44% higher; middle half -1.9% to +1.5%), and -0.4% 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.