The WOAH analysis of WAHIS data shows avian influenza, African swine fever and foot-and-mouth disease account for over half of terrestrial immediate notifications since 2005. ASF caused 50 immediate notifications and 114 events in 2021 and early 2022, spreading to Malaysia, Bhutan, Thailand and North Macedonia.
Continued ASF spread into new Asian and European countries raises the risk of pork supply losses and trade restrictions, supporting hog and feed demand expectations.
After 177 past bullish disease events, Lean Hogs moved a median +0.2% over 5 sessions (52% higher; middle half -1.8% to +2.7%), and +0.9% 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.