# ASF gap in China drives global protein inflation
						 | The Pig Site

> Brett Stuart of Global Agri-Trends argues that China has lost about 60% of its hog herd to African swine fever, leaving a global protein gap that other meats cannot fully fill. He estimates China would remain roughly 17 million tonnes short of pork-equivalent supply even after maximum imports.

- Date: 2020-10-06 · published 2020-10-06T12:00:00.000Z
- Category: disease · region China · magnitude medium
- Page: https://feedsoft.ai/events/50592-asf-gap-in-china-drives-global-protein-inflation-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Sustained Chinese protein shortfall supports import demand for pork, poultry and beef and underpins global protein prices, with indirect support for feed grain and meal demand.

## Read by commodity

- SBM: bullish ▲
- CORN: bullish ▲
- HOGS: bullish ▲
- CHICKEN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2019-08-30 | [Genesus Global Market Report: China - August 2019
						 \| The Pig Site](https://feedsoft.ai/events/57566-genesus-global-market-report-china-august-2019-the-pig-site.md) | -3.4% | -7.2% |
| HOGS | 2019-10-23 | [Genesus Global Market Report: China - October 2019
						 \| The Pig Site](https://feedsoft.ai/events/56567-genesus-global-market-report-china-october-2019-the-pig-site.md) | -2.5% | -5.2% |
| HOGS | 2021-12-31 | [Weekly global protein digest: China's tariff adjustment, S. Korea suspends Canadian beef imports
						 \| The Cattle Site](https://feedsoft.ai/events/43550-weekly-global-protein-digest-china-s-tariff-adjustment-s-korea-suspends.md) | +0.8% | +6.8% |
| HOGS | 2019-03-21 | [China's pork imports to double in 2019 as swine fever hits local output
						 \| The Pig Site](https://feedsoft.ai/events/60093-china-s-pork-imports-to-double-in-2019-as-swine-fever-hits-local-output-the-pig.md) | +11.1% | +23.1% |
| HOGS | 2020-12-15 | [China’s pig herd nears recovery, but hog prices are still volatile
						 \| The Pig Site](https://feedsoft.ai/events/49643-china-s-pig-herd-nears-recovery-but-hog-prices-are-still-volatile-the-pig-site.md) | -0.7% | +2.7% |
| CORN | 2019-11-30 | [Chicken is the top global protein thanks to ASF \| WATTAgNet \| WATTPoultry.com](https://feedsoft.ai/events/56214-chicken-is-the-top-global-protein-thanks-to-asf-wattagnet-wattpoultry-com.md) | -0.2% | +1.7% |
| CORN | 2020-01-14 | [ASF drives global poultry market in 2020 \| WATTAgNet \| WATTPoultry.com](https://feedsoft.ai/events/55242-asf-drives-global-poultry-market-in-2020-wattagnet-wattpoultry-com.md) | +0.5% | -2.2% |
| CORN | 2020-12-15 | [China’s pig herd nears recovery, but hog prices are still volatile
						 \| The Pig Site](https://feedsoft.ai/events/49643-china-s-pig-herd-nears-recovery-but-hog-prices-are-still-volatile-the-pig-site.md) | -1.7% | +15.6% |

## Sources

- thepigsite.com: https://www.thepigsite.com/articles/asf-gap-in-china-drives-global-protein-inflation

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