
Swiss federal authorities are monitoring lumpy skin disease, bluetongue and African swine fever. Lumpy skin disease has reached Italy and France, prompting preventive vaccination in several cantons, and bluetongue has already affected Swiss sheep and cattle.
Spreading livestock diseases in Europe could restrict livestock movements and trade in the region. Impacts on global feed prices are likely to be limited.
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.