
A non-peer-reviewed preprint found that pigs can be infected with a cow-derived H5N1 virus but do not spread it to other pigs. The study was led by researchers at Kansas State University.
The finding suggests limited transmission risk within swine herds, so it has minimal effect on hog supply or feed demand. It is a research result rather than a market-moving event.
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.