
South Korea confirmed its first African swine fever case in Jeollanam-do at a farm in Yeonggwang-gun, where 21,000 pigs were preemptively culled. Nationwide, 59 ASF outbreaks had occurred on domestic farms by the 27th, plus 4,326 wild boar cases.
Highly pathogenic avian influenza is also active in the province.
Spread of ASF to a new province and the large cull reduce Korean pork supply and tighten movement controls. The effect on world prices is limited because Korea's production is small and the disease is not yet an export-market shock.
After 645 past disease events, HOGS moved a median -0.1% over 5 sessions (48% higher; middle half -1.8% to +2.1%), and +0.9% over 20.
Not enough comparable past events yet for a historical read.
After 615 past disease events, SBM moved a median -0.2% over 5 sessions (46% higher; middle half -1.8% to +1.8%), and -0.2% 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.