# Hog Virus May Matter More for China Soy Buyers Than Trade War - Bloomberg

> Chicago soybean futures declined while China's soymeal prices rose, making it viable to process Brazilian beans for September loading into meal. Crush margins in China were at about a two-month high. Hog disease in China is seen as possibly having a larger effect on soybean buyers than the trade war.

- Date: 2019-08-08 · published 2019-08-08T12:00:00.000Z
- Category: disease · region China · magnitude medium
- Page: https://feedsoft.ai/events/11476-hog-virus-may-matter-more-for-china-soy-buyers-than-trade-war-bloomberg
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A hog disease that shrinks China's herd would cut feed demand for soymeal, which pressures meal prices, while strong crush margins keep Brazilian soybean imports flowing.

## Read by commodity

- SBM: bearish ▼
- SOY: bullish ▲
- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2019-01-17 | [China soybean imports show US farmers have more to fear than trade war](https://feedsoft.ai/events/60960-china-soybean-imports-show-us-farmers-have-more-to-fear-than-trade-war.md) | +0.7% | -1.5% |
| SBM | 2019-01-16 | [Trade war, sick hogs make China soy purchases hard to predict: Braun](https://feedsoft.ai/events/61085-trade-war-sick-hogs-make-china-soy-purchases-hard-to-predict-braun.md) | +1.2% | +0.3% |
| SBM | 2018-12-03 | [ASF tempers bullish soybean hopes after China trade truce - Brownfield Ag News](https://feedsoft.ai/events/61548-asf-tempers-bullish-soybean-hopes-after-china-trade-truce-brownfield-ag-news.md) | -0.1% | +0.9% |
| SBM | 2018-10-24 | [African swine fever, trade war pain points for China \| 2018-10-24  \| MEAT+POULTRY](https://feedsoft.ai/events/62546-african-swine-fever-trade-war-pain-points-for-china-2018-10-24-meat-poultry.md) | -1.8% | -1.2% |
| SBM | 2019-04-14 | [Deadly Pig Disease to Reshape Global Soy Markets for Years - Bloomberg](https://feedsoft.ai/events/59632-deadly-pig-disease-to-reshape-global-soy-markets-for-years-bloomberg.md) | -1.8% | -7.8% |
| HOGS | 2019-01-17 | [China soybean imports show US farmers have more to fear than trade war](https://feedsoft.ai/events/60960-china-soybean-imports-show-us-farmers-have-more-to-fear-than-trade-war.md) | +0.9% | -6.4% |
| HOGS | 2019-01-16 | [Trade war, sick hogs make China soy purchases hard to predict: Braun](https://feedsoft.ai/events/61085-trade-war-sick-hogs-make-china-soy-purchases-hard-to-predict-braun.md) | -0.2% | -7.6% |
| HOGS | 2019-10-28 | [Chicken Producers Soar as China Signals End of U.S. Ban - Bloomberg](https://feedsoft.ai/events/56715-chicken-producers-soar-as-china-signals-end-of-u-s-ban-bloomberg.md) | -2.0% | -5.1% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2019-08-08/hog-virus-may-matter-more-for-china-soy-buyers-than-trade-war

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.