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South Korea's agriculture ministry will run a five-month special disinfection campaign from October to February to curb animal diseases. Bird flu cases in migratory birds rose 14.7% on-year to 3,364 in the first eight months of the year.
The campaign also covers African Swine Fever and foot-and-mouth disease, which reappeared in May after more than four years.
Heightened disease controls and possible culling in a major feed importing market add uncertainty to Korean livestock and poultry demand, a modest bearish signal for feed demand.
en.yna.co.krOh Seok-minSep 26, 2023After 117 past bearish disease events, Lean Hogs moved a median -0.6% over 5 sessions (36% higher; middle half -2.2% to +1.6%), and +1.2% over 20.
Not enough comparable past events yet for a historical read.
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.
