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USDA confirmed H5N1 bird flu in a pig on a backyard farm in Oregon, the first detection of the virus in US swine. The agency said there is no risk to the commercial pork supply and that public risk remains low.
Experts noted the small farm setting makes the finding less concerning than a commercial detection.
The detection raises concern about mammal spread and possible gene reassortment, but USDA's no-supply-risk assessment limits near-term effects on hog supply and feed demand. Market impact is likely minimal unless commercial herds are affected.
reuters.comLeah DouglasOct 30, 2024After 69 past neutral disease events, Lean Hogs moved a median -0.2% over 5 sessions (48% higher; middle half -1.4% to +1.5%), and -1.6% 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.
