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African swine fever outbreaks are surging in parts of southern China after heavy rains, according to analysts and industry sources. China's hog herd shrank by about 40% last year, and the disease is slowing herd recovery.
Continued ASF losses keep China's pork supply tight, which supports hog prices and raises import demand for feed grains and meal.
reuters.comHallie GuJul 10, 2020After 177 past bullish disease events, HOGS moved a median +0.2% over 5 sessions (52% higher; middle half -1.8% to +2.7%), and +0.9% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
