
South Korea's quarantine authorities are on high alert as HPAI, African swine fever and foot-and-mouth disease spread simultaneously. All three remain at the highest of four alert levels, and the special quarantine period was extended by one month through March.
Supply disruption from the three diseases is expected to lift Korean livestock prices and may reduce demand for imported feed ingredients if herds are culled.
After 177 past bullish disease events, Lean Hogs moved a median +0.2% over 5 sessions (52% higher; middle half -1.8% to +2.7%), and +0.9% over 20.
Not enough comparable past events yet for a historical read.
After 148 past bullish disease events, Live Cattle moved a median +0.4% over 5 sessions (62% higher; middle half -0.5% to +1.2%), and +1.4% 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.