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The Swine Health Information Center's November report flags African swine fever positive farms in southern China and foot-and-mouth disease in Colombia. It also notes classical swine fever in Brazil's Ceará state.
Spreading ASF in China and neighboring countries reduces pork supply and raises import demand, which is supportive for global pork-linked feed demand such as soybean meal and hog prices.
aasv.orgPaul SundbergNov 7, 2018After 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 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.
