# More wheat feeding and pig disease outbreaks pose double threat to China soymeal demand | Reuters

> Large-scale substitution of wheat for corn in Chinese feed has reduced the soymeal share in pig and poultry rations by 2% to 7%, according to analysts and crushers. Pig disease outbreaks are also weighing on demand.

- Date: 2021-04-15 · published 2021-04-15T12:00:00.000Z
- Category: disease · region China · magnitude medium
- Page: https://feedsoft.ai/events/47642-more-wheat-feeding-and-pig-disease-outbreaks-pose-double-threat-to-china
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Lower soymeal inclusion cuts China's import demand for soybeans and meal, which is bearish for soybean meal prices. Higher wheat feeding supports wheat demand.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2020-02-20 | [Soybeans drop on China demand worries, wheat near 4-week peak \| Financial Post](https://feedsoft.ai/events/10635-soybeans-drop-on-china-demand-worries-wheat-near-4-week-peak-financial-post.md) | -1.5% | -0.4% |
| WHEAT | 2022-04-11 | [Why egg prices are soaring - CBS News](https://feedsoft.ai/events/41853-why-egg-prices-are-soaring-cbs-news.md) | -2.4% | +3.1% |
| WHEAT | 2020-07-13 | [China Brief \| Edition 048: Cargill beef banned but other exports see gains Canada West FoundationCanada West Foundation](https://feedsoft.ai/events/52095-china-brief-edition-048-cargill-beef-banned-but-other-exports-see-gains-canada.md) | -0.4% | -1.3% |
| WHEAT | 2025-11-26 | [Animal Health - November Updates - FACE](https://feedsoft.ai/events/15951-animal-health-november-updates-face.md) | +2.1% | +1.1% |
| CORN | 2021-03-04 | [Hog Disease Outbreak in China Triggers Surge in U.S. Prices - Caixin Global](https://feedsoft.ai/events/48271-hog-disease-outbreak-in-china-triggers-surge-in-u-s-prices-caixin-global.md) | +3.9% | +7.2% |
| CORN | 2021-03-10 | [Resurgence of African Swine Fever in China Threatens Global Grain Demand](https://feedsoft.ai/events/48100-resurgence-of-african-swine-fever-in-china-threatens-global-grain-demand.md) | -9.5% | -0.3% |
| CORN | 2020-04-23 | [Closure of US meat plants raises more concerns over long-term corn feed demand](https://feedsoft.ai/events/53763-closure-of-us-meat-plants-raises-more-concerns-over-long-term-corn-feed-demand.md) | -2.4% | -0.3% |
| CORN | 2020-04-13 | [ANALYSIS: China-owned Smithfield signals fresh corn, soymeal demand blow](https://feedsoft.ai/events/53636-analysis-china-owned-smithfield-signals-fresh-corn-soymeal-demand-blow.md) | -5.4% | -6.1% |

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/more-wheat-feeding-and-pig-disease-outbreaks-pose-double-threat-to-china-soymeal-demand
- reuters.com: https://www.reuters.com/world/china/more-wheat-feeding-pig-disease-outbreaks-pose-double-threat-china-soymeal-demand-2021-04-15/

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