The U.S. swine industry working group, including AASV, National Pork Board, NPPC and SHIC, has been preparing since March 2024 for a possible H5N1 outbreak in commercial swine herds. The group is coordinating preparedness across livestock sectors.
Preparedness work does not change current pork supply, but a swine H5N1 detection would be a significant hog supply risk. No immediate price effect is indicated.
After 645 past disease events, Lean 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, Soybean Meal 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.