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The Swine Health Information Center's mid-January report says African swine fever continues to spread in China, including first outbreaks in Gansu and Ningxia. ASF was also detected in pork products seized at Australian airports, and a foot-and-mouth outbreak occurred in South Africa's FMD-free zone.
Continued ASF spread in China signals sustained pork supply losses and stronger import and feed demand over time, supporting feed-grain and protein prices.
aasv.orgPaul SundbergJan 23, 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 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.
After 145 past neutral disease events, Corn moved a median +0.4% over 5 sessions (58% higher; middle half -1.2% to +1.7%), and +0.0% 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.
