A weekly roundup of animal disease outbreaks reports African swine fever in wild boar in Hungary, Finland, Spain, Estonia, Poland and Latvia, and H5N1 highly pathogenic avian influenza in poultry and wild birds across several European countries, the US, and Peru in late October.
Wild boar ASF spread in Europe and avian influenza in poultry can affect EU pork and poultry export flows, supporting demand for feed grains and meals from alternative origins.
After 69 past neutral disease events, Lean Hogs moved a median -0.2% over 5 sessions (48% higher; middle half -1.4% to +1.5%), and -1.6% over 20.
Not enough comparable past events yet for a historical read.
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.