# Trade War Shifts Feed for U.S. Hogs from DDGs | Feed & Grain

> A steep downturn in US ethanol output tied to the China trade war is tightening supplies of distillers' dried grains, raising prices paid by livestock farmers. Many buyers are switching to soybean meal, which eased as China halted US soybean imports.

- Date: 2020-12-01 · published 2020-12-01T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/49640-trade-war-shifts-feed-for-u-s-hogs-from-ddgs-feed-and-grain
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Tighter DDGS supply lifts its price and pushes feed users toward soybean meal, a substitution that supports DDGS prices while pressuring soybean meal.

## Read by commodity

- SBM: bearish ▼
- DDGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2019-01-17 | [Trade war shifts feed for U.S. hogs away from ethanol byproduct By Reuters](https://feedsoft.ai/events/61092-trade-war-shifts-feed-for-u-s-hogs-away-from-ethanol-byproduct-by-reuters.md) | +0.7% | -1.5% |
| SBM | 2018-01-16 | [For US Soybean Growers, Trade War Is Here](https://feedsoft.ai/events/66856-for-us-soybean-growers-trade-war-is-here.md) | +9.3% | +15.5% |
| SBM | 2019-01-22 | [Trade War Shifting Feed Demand Amid Ethanol Production Cuts \| Hoosier Ag Today](https://feedsoft.ai/events/61094-trade-war-shifting-feed-demand-amid-ethanol-production-cuts-hoosier-ag-today.md) | -0.9% | -3.1% |
| SBM | 2021-07-13 | [Global Soybean Trade Slows on Weaker China Demand \| Feed & Grain](https://feedsoft.ai/events/46110-global-soybean-trade-slows-on-weaker-china-demand-feed-and-grain.md) | +1.2% | +1.2% |
| SBM | 2021-04-30 | [High grain prices alter feeding, trade patterns \| Feed Strategy](https://feedsoft.ai/events/47677-high-grain-prices-alter-feeding-trade-patterns-feed-strategy.md) | +0.5% | -6.6% |

## Sources

- feedandgrain.com: https://www.feedandgrain.com/animal-feed-manufacturing/news/15396306/trade-war-shifts-feed-for-us-hogs-from-ddgs

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