
Taiwan confirmed three more H5N2 avian influenza outbreaks in the second week of August, involving more than 19,000 birds. South Africa reported new H5N8 cases in commercial ostriches and wild birds, bringing its total to 207 outbreaks since June 2017.
The affected flocks are small and the outbreaks are local, so the price impact is minimal. The steady spread across regions keeps poultry disease risk elevated for import-dependent buyers.
After 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.