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Iowa Secretary of Agriculture Mike Naig said HPAI in 2022 was the largest outbreak on record, with Iowa the hardest hit state. He said the state has requested more resources and is using live bird exhibition bans to contain spread, and he cited African swine fever as a risk to pork supply chains.
The discussion of possible African swine fever spread shows a tail risk for US pork supply, which would affect hog prices and feed demand if it occurred. The article itself describes policy responses without a new price trigger.
koel.comKailey FosterJan 25, 2023After 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.
