# China's hog futures, company stocks rally on disease outbreaks

> Dalian hog futures and pork-producer shares rallied on disease outbreaks, with pork prices at record highs about a year after African swine fever arrived in China. Fewer piglets and high feed costs are raising the cost of finishing hogs.

- Date: 2021-02-08 · published 2021-02-08T12:00:00.000Z
- Category: disease · region China · magnitude medium
- Page: https://feedsoft.ai/events/48625-china-s-hog-futures-company-stocks-rally-on-disease-outbreaks
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

ASF-driven herd losses tighten hog supply and raise pork prices, but high feed costs squeeze producer margins, which can cut feed demand over time.

## Read by commodity

- CORN: neutral
- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 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) | +2.3% | +15.3% |
| HOGS | 2022-03-27 | [Disease Outbreaks in Mexico’s Hog Herd to Drive U.S. Meat Prices Higher](https://feedsoft.ai/events/42423-disease-outbreaks-in-mexico-s-hog-herd-to-drive-u-s-meat-prices-higher.md) | -2.6% | +2.9% |
| HOGS | 2019-03-22 | [China urges subsidies to help disease-hit pig farms restock](https://feedsoft.ai/events/60091-china-urges-subsidies-to-help-disease-hit-pig-farms-restock.md) | +6.9% | +20.0% |
| HOGS | 2018-10-19 | [China says hog prices to rise ahead of Lunar New Year amid swine fever outbreaks](https://feedsoft.ai/events/62543-china-says-hog-prices-to-rise-ahead-of-lunar-new-year-amid-swine-fever-outbreaks.md) | +2.4% | -0.7% |
| HOGS | 2021-09-29 | [CME hog futures pause after rally; cattle futures end lower \| Financial Post](https://feedsoft.ai/events/45205-cme-hog-futures-pause-after-rally-cattle-futures-end-lower-financial-post.md) | +0.4% | -15.6% |
| CORN | 2019-07-26 | [China's duck farmers cash in as disease slashes pork output](https://feedsoft.ai/events/58086-china-s-duck-farmers-cash-in-as-disease-slashes-pork-output.md) | -2.2% | -10.6% |
| CORN | 2021-09-29 | [CME hog futures pause after rally; cattle futures end lower \| Financial Post](https://feedsoft.ai/events/45205-cme-hog-futures-pause-after-rally-cattle-futures-end-lower-financial-post.md) | +1.6% | +2.0% |
| CORN | 2026-04-25 | [Weekly pig report: Disease pressure adds increased risk to hog supply outlook
						 \| The Pig Site](https://feedsoft.ai/events/19865-weekly-pig-report-disease-pressure-adds-increased-risk-to-hog-supply-outlook.md) | +1.7% | +2.4% |

## Sources

- reuters.com: https://www.reuters.com/article/china-hogs-futures/update-2-chinas-hog-futures-company-stocks-rally-on-disease-outbreaks-idUSL1N2KE08J/

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