
A Farm Journal Foundation report, The Mean Sixteen, estimates that the top five livestock diseases could cost US agriculture more than $300 billion a year without proper preparation. The five diseases named are foot-and-mouth disease, African swine fever, New World screwworm, HPAI and PRRS.
The article is a summary of the report's risk assessment.
The report is a risk assessment rather than a new supply event, so it has little immediate price effect. It does highlight the trade and supply shock risk that a foreign animal disease incursion would pose to US livestock.
After 493 past report events, Lean Hogs moved a median +0.1% over 5 sessions (52% higher; middle half -1.8% to +2.0%), and +0.8% over 20.
Not enough comparable past events yet for a historical read.
After 1,283 past report events, Soybean Meal moved a median -0.1% over 5 sessions (47% higher; middle half -2.0% to +1.7%), 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.