
Researchers estimate that a 2018 African swine fever outbreak in China caused at least 38 million more pig losses than officially acknowledged. The study puts the economic toll at about $100 billion.
The article is a research highlight on a past event.
The findings show Chinese pork supply losses were larger than reported, which helps explain the strength of China's pork demand for imports and feed. This is background context rather than a new price driver.
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.
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.