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An epidemic of African swine fever that began in February has killed over 13,000 domestic pigs in Assam, India, according to reports. Infected carcasses have floated down the Brahmaputra River from Tibet, and the disease has decimated pig populations in Dhemaji and Lakhimpur districts.
Pig losses in northeast India reduce local demand for feed grains and meal, though the regional scale is modest relative to global markets.
science.thewire.inFarhana AhmedMay 20, 2020After 117 past bearish disease events, Lean Hogs moved a median -0.6% over 5 sessions (36% higher; middle half -2.2% to +1.6%), and +1.2% over 20.
After 175 past bearish disease events, Corn moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.5%), and +0.6% 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.
