◂ Event Timeline

Jun 13, 2022DISEASEEurope

Animals farmed: pigs cloned by robots, horsemeat trial and bird flu culls

An ASF case was found on a farm over 300 miles from other registered cases and just four miles from the French border. The text notes that biosecurity has made ASF less deadly in Germany and Italy than in China.

WHY IT MATTERS

A new ASF detection near France raises the risk of wider European pork trade restrictions, which would pressure hog prices and reduce feed demand for pigs.

AFFECTSLean Hogs▲

SOURCE
theguardian.comTom AmbroseJun 13, 2022

Price reaction & history

Lean Hogs▲bullishSO FAR1d +0.1%5d +2.4%20d +4.5%

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.

Apr 27, 2019Farming veteran warns China's pig crisis only getting worse | The Straits Times-1.3%
Jul 2, 2019Millions of small pig farmers in Asia threatened by swine fever-2.3%
Oct 24, 2018African swine fever hits Chinese pork industry in run-up to New Year | China | The Guardian+3.1%
Jun 29, 2023Pig outlook: Lean hog futures bulls keeping price uptrend alive | The Pig Site+4.9%
Nov 29, 2018China mulls stockpiling pork to support farmers hit by swine fever-1.2%

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.

Lean Hogs HOGS · GP ▸

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