# China’s Latest Battle With African Swine Fever to Push Up Pork Prices - Bloomberg

> China is facing a resurgence of African swine fever, which previously wiped out nearly half its hogs. Fresh outbreaks have been reported across various regions over the winter. The disease could push up pork prices in the country.

- Date: 2023-03-17 · published 2023-03-17T12:00:00.000Z
- Category: disease · region China · magnitude medium
- Page: https://feedsoft.ai/events/36846-china-s-latest-battle-with-african-swine-fever-to-push-up-pork-prices-bloomberg
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Disease-driven herd losses reduce hog supply and could lift pork prices, supporting hog markets and reducing feed demand later in the year once culling takes effect.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2019-08-26 | [Poultry Prices and China’s African Swine Fever - EMERGING](https://feedsoft.ai/events/57742-poultry-prices-and-china-s-african-swine-fever-emerging.md) | -0.4% | -9.1% |
| HOGS | 2023-03-15 | [UPDATE 1-China's Pig Farms Battle New Surge in African Swine Fever](https://feedsoft.ai/events/36847-update-1-china-s-pig-farms-battle-new-surge-in-african-swine-fever.md) | -6.0% | -11.7% |
| HOGS | 2019-03-28 | [African Swine Fever in China Helps Boost U.S. Hog Prices - Farm Policy News](https://feedsoft.ai/events/60239-african-swine-fever-in-china-helps-boost-u-s-hog-prices-farm-policy-news.md) | +2.1% | +12.7% |
| HOGS | 2019-08-01 | [Poultry prices up amid swine fever in China](https://feedsoft.ai/events/57732-poultry-prices-up-amid-swine-fever-in-china.md) | -0.8% | -15.9% |
| HOGS | 2019-12-16 | [UK pork firms see 2020 sales boost as African Swine Fever grips China](https://feedsoft.ai/events/6403-uk-pork-firms-see-2020-sales-boost-as-african-swine-fever-grips-china.md) | +8.8% | +5.7% |
| SBM | 2023-03-15 | [UPDATE 1-China's Pig Farms Battle New Surge in African Swine Fever](https://feedsoft.ai/events/36847-update-1-china-s-pig-farms-battle-new-surge-in-african-swine-fever.md) | -5.8% | -6.5% |
| SBM | 2018-10-24 | [African swine fever hits Chinese pork industry in run-up to New Year \| China \| The Guardian](https://feedsoft.ai/events/62433-african-swine-fever-hits-chinese-pork-industry-in-run-up-to-new-year-china-the.md) | -1.8% | -1.2% |
| SBM | 2018-12-04 | [African Swine Fever, Structural Changes Disrupt China's Pork Market](https://feedsoft.ai/events/61544-african-swine-fever-structural-changes-disrupt-china-s-pork-market.md) | -1.0% | +0.2% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2023-03-17/china-s-latest-battle-with-african-swine-fever-to-push-up-prices

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