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Feed Strategy columnist Ioannis Mavromichalis argues that African swine fever could raise feed prices if hog prices rise, since feed mills seek to recover past losses. He also notes that some key ingredients come from infected areas.
ASF-driven hog demand and possible scarcity of imported ingredients could lift feed prices, though the columnist is uncertain whether hog prices will rise.
feedstrategy.comIoannis MavromichalisMay 28, 2019After 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.
Not enough comparable past events yet for a historical read.
After 98 past neutral disease events, Soybean Meal moved a median -0.2% over 5 sessions (44% higher; middle half -1.9% to +1.5%), and -0.4% 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.
