
The Poultry Site summarizes a webinar on influenza A viruses, noting that USDA has confirmed HPAI H5N1 in domestic livestock, including goats and dairy cattle, for the first time in the US. It features comments from a USDA researcher on influenza biology in swine and the risks to swine herds.
The article describes a potential future risk to swine herds without reporting new losses. It has little immediate effect on pork or feed prices.
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.