The Swine Health Information Center and AASV hosted a webinar on H5N1 in domestic livestock, drawing over 1,300 registrants. It summarized the multi-state US dairy herd outbreak, which had reached 36 herds in nine states by May 1, and reviewed biosecurity steps for swine farms.
The update is mainly educational and does not change current supply or demand for hogs or feed. Its main relevance is that biosecurity measures could help limit the spread of disease to swine herds.
After 645 past disease events, 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, SBM 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.