Soybean meal prices in Germany and Europe failed to rise despite earlier firmness, as African swine fever cases in Poland unsettled the market. The article describes the market as paralyzed by the outbreak.
ASF in Poland threatens European pig herds and feed demand, pressuring soybean meal prices lower. Weaker European hog demand reduces meal buying.
After 167 past bearish disease events, Soybean Meal moved a median -0.6% over 5 sessions (40% higher; middle half -1.8% to +1.4%), and -0.8% over 20.
After 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.
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.