
The USDA confirmed H5N1 infection in one pig on a backyard farm in Oregon, the first US detection of this strain in swine. The pigs had been exposed to infected birds and showed no clinical signs of illness.
The case is isolated to a backyard operation and officials said there is no food safety concern. It has little direct effect on commercial hog supply or feed demand.
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.