
The WOAH released its first State of the World's Animal Health report, finding diseases spreading into new areas, with 47% of those having zoonotic potential. It also reports bird flu outbreaks in mammals more than doubled in 2024 compared with 2023, and that vaccine access remains uneven.
Persistent animal disease spread raises the risk of trade restrictions and culls in livestock and poultry, which can tighten supply for feed buyers. The report is a general assessment with no immediate price trigger.
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.