The UN Food and Agriculture Organization warned that millions of small-scale pig farmers in Asia risk poverty from African swine fever, first detected in China last August. Movement restrictions meant to contain the virus are also hurting smallholders.
Reduced pig production and transport limits lower pork supply and feed demand in Asia, supporting pork prices while weighing on feed grain and meal consumption in the region.
After 177 past bullish disease events, Lean Hogs moved a median +0.2% over 5 sessions (52% higher; middle half -1.8% to +2.7%), and +0.9% 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.