ECDC published a factsheet on avian influenza A(H7N9), noting the virus was first reported in China in 2013 and mutated into a highly pathogenic form in late 2016. The factsheet says vaccination in China has sharply reduced outbreaks and human cases, and that about one third of human patients die.
The factsheet describes a human health threat and a declining trend in China, with no meaningful effect on feed or meat prices.
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.