The OIE reports that animal diseases continued to spread during the COVID-19 pandemic and summarises its 2020 work supporting veterinary services. It stresses that most emerging infectious diseases originate in animals.
Animal disease spread threatens livestock output and feed demand over time, but this general update does not describe a specific supply shock.
After 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.