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Indonesia reported African swine fever in 32 of its 38 provinces, according to an official who warned of further spread. The disease has killed thousands of hogs in the country this year.
Officials cited a 2023 outbreak on the Riau Islands that killed 35,297 pigs.
Widening ASF in a major Southeast Asian market can cut pig numbers and reduce demand for feed ingredients, while raising import needs for pork-related products. The effect on global feed prices is likely modest given Indonesia's scale.
reuters.comDec 16, 2024After 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.
