# Global trade crucial to resilient food systems: lessons from African swine fever - CSIRO

> A CSIRO article summarizes research in Nature Food finding that global trade can cushion African swine fever shocks by reallocating feed and boosting substitute meats. It cites about 200 million pigs lost in China and estimates that a quarter of the world's pig population could be lost. Pork prices in China are at record highs.

- Date: 2020-04-18 · published 2020-04-18T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/53519-global-trade-crucial-to-resilient-food-systems-lessons-from-african-swine-fever
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Trade reallocating feed supplies to pork production outside China would support demand for grain and meal exports, while substitution toward beef and poultry lifts those proteins.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-09-24 | [China's COFCO says soy exports from Brazil to slump on African swine fever crisis; corn to jump](https://feedsoft.ai/events/57093-china-s-cofco-says-soy-exports-from-brazil-to-slump-on-african-swine-fever.md) | -0.7% | +0.9% |
| CORN | 2019-11-01 | [China Trade Reversal to Spike Poultry Prices \| Food Processing](https://feedsoft.ai/events/56213-china-trade-reversal-to-spike-poultry-prices-food-processing.md) | +0.4% | +0.3% |
| CORN | 2020-05-28 | [Chinese tariffs to re-route global barley trade flows \| WA](https://feedsoft.ai/events/53195-chinese-tariffs-to-re-route-global-barley-trade-flows-wa.md) | +1.0% | +1.7% |
| CORN | 2020-12-01 | [Global Trade War a Boon for Black Sea Grain \| Feed & Grain](https://feedsoft.ai/events/49509-global-trade-war-a-boon-for-black-sea-grain-feed-and-grain.md) | -0.4% | +1.4% |
| CORN | 2021-03-19 | [China tariff on Australia's barley reshapes global trade - Nikkei Asia](https://feedsoft.ai/events/12404-china-tariff-on-australia-s-barley-reshapes-global-trade-nikkei-asia.md) | +11.4% | +14.1% |
| SBM | 2020-04-20 | [China's 2019-2020 soybean demand to remain strong despite COVID-19, African swine fever](https://feedsoft.ai/events/53634-china-s-2019-2020-soybean-demand-to-remain-strong-despite-covid-19-african.md) | -0.2% | -0.2% |
| SBM | 2019-11-01 | [China Trade Reversal to Spike Poultry Prices \| Food Processing](https://feedsoft.ai/events/56213-china-trade-reversal-to-spike-poultry-prices-food-processing.md) | +0.4% | -4.4% |
| SBM | 2020-11-07 | [China's Oct soybean imports jump 41% on year on swine fever recovery \| S&P Global](https://feedsoft.ai/events/50147-china-s-oct-soybean-imports-jump-41-on-year-on-swine-fever-recovery-s-and-p.md) | +1.5% | +1.1% |

## Sources

- csiro.au: https://www.csiro.au/en/news/All/Articles/2020/April/global-trade-crucial-to-resilient-food-systems-lessons-from-african-swine-fever

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