# China looms large over global beef trade

> Chinese livestock disease outbreaks, notably African swine fever and avian influenza, are shaping global protein trade. Analysts note that China's disease responses have wide effects on world markets, and the COVID-19 outbreak adds uncertainty.

- Date: 2020-03-14 · published 2020-03-14T12:00:00.000Z
- Category: disease · region China · magnitude low
- Page: https://feedsoft.ai/events/54068-china-looms-large-over-global-beef-trade
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

China's pork shortfall from African swine fever raises import demand for beef and other proteins, supporting cattle prices and feed demand for protein substitutes. The uncertainty around the outbreak adds volatility.

## Read by commodity

- HOGS: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2019-11-18 | [African Swine Fever “overwhelms” global protein outlook, but Aus producers set to benefit - Beef Central](https://feedsoft.ai/events/56005-african-swine-fever-overwhelms-global-protein-outlook-but-aus-producers-set-to.md) | +0.1% | +3.3% |
| LCATTLE | 2021-03-15 | [China’s beef herd to grow, on the back of high meat prices - Beef Central](https://feedsoft.ai/events/48053-china-s-beef-herd-to-grow-on-the-back-of-high-meat-prices-beef-central.md) | -0.3% | +5.2% |
| LCATTLE | 2020-03-12 | ['China vortex' may drive long term value for Australian beef - Beef Central](https://feedsoft.ai/events/54072-china-vortex-may-drive-long-term-value-for-australian-beef-beef-central.md) | -7.3% | -6.0% |
| LCATTLE | 2018-11-28 | [African swine fever reshaping global beef markets \| Scoop News](https://feedsoft.ai/events/61980-african-swine-fever-reshaping-global-beef-markets-scoop-news.md) | +1.2% | +4.1% |
| LCATTLE | 2019-06-06 | [China boosts beef imports as killer hog virus blights pork](https://feedsoft.ai/events/58567-china-boosts-beef-imports-as-killer-hog-virus-blights-pork.md) | -0.0% | -3.5% |
| HOGS | 2018-08-31 | [Hog Traders Eye China's Swine Fever](https://feedsoft.ai/events/63549-hog-traders-eye-china-s-swine-fever.md) | +7.0% | +28.4% |
| HOGS | 2019-03-22 | [How swine fever could benefit the global aquaculture trade \| The Fish Site](https://feedsoft.ai/events/60166-how-swine-fever-could-benefit-the-global-aquaculture-trade-the-fish-site.md) | +6.9% | +20.0% |
| HOGS | 2021-03-04 | [Hog Disease Outbreak in China Triggers Surge in U.S. Prices - Caixin Global](https://feedsoft.ai/events/48271-hog-disease-outbreak-in-china-triggers-surge-in-u-s-prices-caixin-global.md) | +2.3% | +15.3% |

## Sources

- tricountyindependent.com: https://www.tricountyindependent.com/story/business/agricultural/2020/03/14/china-looms-large-over-global/1524480007/

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