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The US poultry sector is monitoring the African swine fever outbreak in China and parts of Europe. Minnesota industry representatives say they are concerned about the disease being linked to contaminated feed ingredients.
The story is a precautionary industry comment with no confirmed US risk, so it has little direct price effect. Any feed-ingredient contamination concern would matter for feed sourcing costs if it became real.
brownfieldagnews.comMark DorenkampOct 15, 2018After 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.
