
South Korea plans to overhaul its livestock disease control system covering avian influenza, foot-and-mouth disease and African swine fever. Measures include farm-led biosecurity certification for layer and pig farms from next year, flexible culling rules, larger vaccine stockpiles and higher compensation, effective from April next year.
Policy changes to disease control affect the outlook for Korean poultry and pork output over the longer term, but they have limited immediate impact on global feed ingredient prices.
After 122 past policy events, Lean Hogs moved a median -0.2% over 5 sessions (46% higher; middle half -2.1% to +1.6%), and -0.3% over 20.
Not enough comparable past events yet for a historical read.
After 734 past policy events, Soybean Meal moved a median -0.2% over 5 sessions (46% higher; middle half -1.9% to +1.6%), and -0.4% 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.