No significant decline in feed demand due to pig virus -ADM COO

Reuters

CHICAGO, Oct 29 (Reuters) - Agribusiness group ArcherDaniels Midland Co has not seen a significant impact ondemand for soybean meal fed to livestock due to a deadly pigvirus, Chief Operating Officer Juan Luciano said on Tuesday.

The impact of Porcine Epidemic Diarrhea Virus (PEDv) on feeddemand will depend on how well hog producers prevent the virusand detect it early, he told analysts on a quarterly earningscall.

PEDv was discovered in the United States for the first timeearlier this year.

The virus has not tended to kill older pigs, but mortalityamong very young pigs infected in U.S. farms is commonly 75 to100 percent, according to veterinarians and scientists studyingthe outbreak.

Chicago Mercantile Exchange hog futures jumped last week onconcerns that PEDv had spread in North Carolina, the country'sNo. 2 hog producer.

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