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African swine fever has been confirmed at Oke Aro farm, Nigeria's largest pig co-operative in the south-west, with about 300,000 pigs reported killed. The farm supplies a large regional market.
The loss is significant for West African pork supply, but the market is small and the effect on global feed and hog prices is limited.
bbc.comAdd as preferred on GoogleJun 10, 2020After 645 past disease events, Lean Hogs moved a median -0.1% over 5 sessions (48% higher; middle half -1.8% to +2.1%), and +0.9% over 20.
Not enough comparable past events yet for a historical read.
After 615 past disease events, Soybean Meal moved a median -0.2% over 5 sessions (46% higher; middle half -1.8% to +1.8%), 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.
