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FAO has released OutCosT, a spreadsheet tool developed with the Autonomous University of Barcelona to estimate the direct costs of animal disease outbreaks and their control. The tool can cost actual or hypothetical outbreaks.
A webinar introducing it drew over 100 attendees.
The tool helps governments plan disease responses but does not move near-term supply or prices for feed commodities.
fao.orgAug 4, 2022After 493 past report events, Lean Hogs moved a median +0.1% over 5 sessions (52% higher; middle half -1.8% to +2.0%), and +0.8% over 20.
Not enough comparable past events yet for a historical read.
After 1,283 past report events, Soybean Meal moved a median -0.1% over 5 sessions (47% higher; middle half -2.0% to +1.7%), 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.
