# Meat Crisis Latest Blow for Largest Crop Traders | Feed & Grain

> Slowdowns at American meat plants are forcing farmers to cull animals, reducing demand for soymeal. Bunge cut US crushing by 10% and ADM reduced North American plant utilization by 5 percentage points.

- Date: 2020-10-02 · published 2020-10-02T12:00:00.000Z
- Category: disease · region US · magnitude medium
- Page: https://feedsoft.ai/events/50714-meat-crisis-latest-blow-for-largest-crop-traders-feed-and-grain
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Lower meat processing reduces feed demand and soymeal crush needs, a bearish signal for soymeal prices and livestock feed demand.

## Read by commodity

- SBM: bearish ▼
- HOGS: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2018-10-24 | [African swine fever, trade war pain points for China \| 2018-10-24  \| MEAT+POULTRY](https://feedsoft.ai/events/62546-african-swine-fever-trade-war-pain-points-for-china-2018-10-24-meat-poultry.md) | -1.8% | -1.2% |
| SBM | 2025-03-05 | [Avian Flu Is Driving Up Egg Prices: What It Means for Grain Farmers - AgWeb](https://feedsoft.ai/events/25607-avian-flu-is-driving-up-egg-prices-what-it-means-for-grain-farmers-agweb.md) | +2.7% | +2.1% |
| SBM | 2019-08-08 | [Hog Virus May Matter More for China Soy Buyers Than Trade War - Bloomberg](https://feedsoft.ai/events/11476-hog-virus-may-matter-more-for-china-soy-buyers-than-trade-war-bloomberg.md) | 0.0% | -1.5% |
| SBM | 2019-09-11 | [ASF drives Chinese soy meal consumption to 4-year low \| Feed Strategy](https://feedsoft.ai/events/57087-asf-drives-chinese-soy-meal-consumption-to-4-year-low-feed-strategy.md) | +0.4% | +3.2% |
| SBM | 2025-06-07 | [Brazil's chicken meat exports in May 2025: effect of the avian influenza crisis](https://feedsoft.ai/events/24366-brazil-s-chicken-meat-exports-in-may-2025-effect-of-the-avian-influenza-crisis.md) | -1.2% | -9.3% |
| HOGS | 2019-08-08 | [Hog Virus May Matter More for China Soy Buyers Than Trade War - Bloomberg](https://feedsoft.ai/events/11476-hog-virus-may-matter-more-for-china-soy-buyers-than-trade-war-bloomberg.md) | +0.0% | -16.0% |
| HOGS | 2020-04-02 | [U.S. livestock: Hog futures drop to 3-1/2 year low - Grainews](https://feedsoft.ai/events/6598-u-s-livestock-hog-futures-drop-to-3-1-2-year-low-grainews.md) | -12.8% | +1.7% |
| HOGS | 2021-11-26 | [First Thing Today: Grain, livestock markets expected to face pressure from global risk-off trade after Thanksgiving - Pro Farmer](https://feedsoft.ai/events/11600-first-thing-today-grain-livestock-markets-expected-to-face-pressure-from-global.md) | -1.1% | +5.5% |

## Sources

- feedandgrain.com: https://www.feedandgrain.com/grain-handling-processing/news/15393040/meat-crisis-latest-blow-for-largest-crop-traders

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