South Africa's health institute reported that two poultry farms in Mpumalanga have an outbreak of H5N8 avian influenza. Surveillance of 120 farm workers found no human infections, and officials say poultry products remain safe to eat.
The outbreak is local and small in scale, so it has little effect on global feed grain or meal demand.
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.