A University of Missouri Extension article advises livestock producers to write a disease-outbreak response plan. It cites losses from the 2015 Iowa avian flu outbreak and states that viruses such as avian flu and PEDV can cut productivity for about six months.
This is general advice with no new outbreak or supply change, so it has no direct price implication for feed buyers.
After 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.