◂ Event Timeline

Jun 15, 2020DISEASEChina

The global economic impact of ASF

A World Bank livestock specialist assesses the global economic impact of ASF, citing losses that exceed early estimates after the 2018 outbreak in China. Chinese retail pork prices rose 78% in the period cited.

WHY IT MATTERS

Sharp pork price increases and herd losses in China have lifted global pork import demand, supporting hog prices and feed use.

AFFECTSHOGS▲

SOURCE
bulletin.woah.orgJun 15, 2020

Price reaction & history

HOGS▲bullishSO FAR1d +4.3%5d +0.6%20d -4.5%

After 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.

Jul 25, 2019ASF impact a waiting game-2.0%
Jun 15, 2020African swine fever and the World Animal Health Information System - WOAH Bulletin+0.6%
Oct 6, 2020ASF gap in China drives global protein inflation | The Pig Site+2.7%
Apr 30, 2019ASF sparks uncertainty in the global meat industry | WATTAgNet | WATTPoultry.com-1.4%
Mar 1, 2021Global ASF outbreaks continue as U.S. prevention efforts expand+1.6%

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.

HOGS · GP ▸

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