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South Korea confirmed its first African swine fever case at a pig farm in Paju near the North Korean border, with nearly 4,000 pigs to be culled. The government raised its animal disease alert to maximum and imposed a 48-hour nationwide livestock movement ban.
ASF spreading into South Korea, a major pork importer, could reduce its pork imports and feed demand, and signals wider regional spread that pressures Asian hog prices.
pig-world.co.ukAlistair DriverSep 17, 2019After 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.
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.
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.
