Closure of US meat plants raises more concerns over long-term corn feed demand

After 175 past bearish disease events, Corn moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.5%), and +0.6% over 20.

• Apr 15, 2021More wheat feeding and pig disease outbreaks pose double threat to China soymeal demand | Reuters+2.3%
• Mar 17, 2021Interest in Lysine decreases due to ASF concerns - All About Feed+11.0%
• Mar 10, 2021Resurgence of African Swine Fever in China Threatens Global Grain Demand-9.5%
• Apr 22, 2021ASF resurgence in China may slow imports of feedgrains | The Western Producer+11.6%
• Apr 24, 2019Impacts of African Swine Fever on China's Feed Industry and Soy Demand - Rabobank-1.5%

After 167 past bearish disease events, Soybean Meal moved a median -0.6% over 5 sessions (40% higher; middle half -1.8% to +1.4%), and -0.8% over 20.

• Apr 15, 2021More wheat feeding and pig disease outbreaks pose double threat to China soymeal demand | Reuters+3.2%
• Feb 28, 2019China warns of “serious” impact of swine fever, cuts meal demand 5%-1.0%
• Mar 12, 2019Swine fever hurts China soybean demand, raises doubts on trade promises+4.4%
• Mar 17, 2021Interest in Lysine decreases due to ASF concerns - All About Feed-1.7%
• Dec 5, 2018More and more ASF cases in China - imports of US pork-0.6%