# China's coronavirus clampdown pushes pork prices towards record

> China's average pork price reached 51.21 yuan per kg, near last October's record of 54 yuan, according to Cofeed data. Coronavirus control measures disrupted pig transport and delayed restarts of slaughterhouses, tightening already scarce supplies after African swine fever cut the herd by over 40% last year. Demand appears little affected by the curbs.

- Date: 2020-02-11 · published 2020-02-11T12:00:00.000Z
- Category: disease · region China · magnitude medium
- Page: https://feedsoft.ai/events/54564-china-s-coronavirus-clampdown-pushes-pork-prices-towards-record
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Tight Chinese hog supply and high pork prices sustain strong demand for imported pork and feed, supporting meal and grain demand while the herd remains depleted.

## Read by commodity

- SBM: neutral
- CORN: neutral
- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2019-10-25 | [China pork prices surge towards $8 a kilo as demand picks up](https://feedsoft.ai/events/56563-china-pork-prices-surge-towards-8-a-kilo-as-demand-picks-up.md) | -0.9% | -5.7% |
| HOGS | 2019-04-17 | [China warns of soaring pork prices as virus curbs output](https://feedsoft.ai/events/7158-china-warns-of-soaring-pork-prices-as-virus-curbs-output.md) | +1.3% | -1.0% |
| HOGS | 2023-03-17 | [China’s Latest Battle With African Swine Fever to Push Up Pork Prices - Bloomberg](https://feedsoft.ai/events/36846-china-s-latest-battle-with-african-swine-fever-to-push-up-pork-prices-bloomberg.md) | -3.8% | -9.2% |
| HOGS | 2019-06-18 | [China pork prices rise as ASF depletes herd \| Feed Strategy](https://feedsoft.ai/events/58588-china-pork-prices-rise-as-asf-depletes-herd-feed-strategy.md) | -6.2% | -6.6% |
| HOGS | 2019-09-13 | [China pork prices soar as herds hit by fever, farm closures \| AP News](https://feedsoft.ai/events/57088-china-pork-prices-soar-as-herds-hit-by-fever-farm-closures-ap-news.md) | -2.4% | -0.3% |
| CORN | 2017-03-10 | [Chicken Prices Rreach Record High Levels Due to Bird Flu Outbreak
						 \| The Poultry Site](https://feedsoft.ai/events/72132-chicken-prices-rreach-record-high-levels-due-to-bird-flu-outbreak-the-poultry.md) | +1.9% | +0.8% |
| CORN | 2023-04-11 | [Egg prices expected to crack record highs throughout 2023](https://feedsoft.ai/events/36417-egg-prices-expected-to-crack-record-highs-throughout-2023.md) | +0.4% | +0.2% |
| CORN | 2025-04-01 | [Bird flu in US pushes poultry prices in Mexico to 4-year high](https://feedsoft.ai/events/25727-bird-flu-in-us-pushes-poultry-prices-in-mexico-to-4-year-high.md) | +1.0% | +2.2% |

## Sources

- reuters.com: https://www.reuters.com/article/us-china-health-pork/chinas-coronavirus-clampdown-pushes-pork-prices-toward-record-idUSKBN2050X7/

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