
Industry stakeholders are focused on preventing African swine fever from entering the US, which has not yet reached the country but has appeared in Haiti and the Dominican Republic. Rabobank data show ASF has sharply cut pork supply in Thailand, Vietnam and the Philippines.
The USDA estimates Thailand's 2022 pork supply will fall 35%.
A US ASF outbreak would trigger export bans and cut hog numbers, while disease losses in Asia keep import demand for meat and feed elevated.
After 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.
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.