# Meat and poultry market update regarding ASF, meat alternatives | 2020-01-17  | MEAT+POULTRY

> African swine fever has spread across Asia after first appearing in China in August 2018, and estimates of China's hog herd losses range from 20% to 30% officially to much higher unofficially. US red meat and poultry supplies stayed ample in 2019, and pork exports rose sharply.

- Date: 2020-01-17 · published 2020-01-17T12:00:00.000Z
- Category: disease · region US · magnitude medium
- Page: https://feedsoft.ai/events/55243-meat-and-poultry-market-update-regarding-asf-meat-alternatives-2020-01-17-meat
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Pork losses in China reduce feed demand for hogs and push buyers toward poultry and other proteins, which supports chicken prices and raises demand for US pork exports.

## Read by commodity

- CORN: bearish ▼
- HOGS: bullish ▲
- CHICKEN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2019-05-24 | [On alert for ASF \| 2019-05-24  \| MEAT+POULTRY](https://feedsoft.ai/events/58968-on-alert-for-asf-2019-05-24-meat-poultry.md) | -5.7% | -9.9% |
| HOGS | 2019-04-10 | [ASF spreads to Tibet \| 2019-04-10  \| MEAT+POULTRY](https://feedsoft.ai/events/59459-asf-spreads-to-tibet-2019-04-10-meat-poultry.md) | +7.3% | +5.6% |
| HOGS | 2019-08-27 | [Rabobank: ASF impacts becoming clear \| 2019-08-27  \| MEAT+POULTRY](https://feedsoft.ai/events/57474-rabobank-asf-impacts-becoming-clear-2019-08-27-meat-poultry.md) | -1.6% | -10.7% |
| HOGS | 2019-10-02 | [ASF outside China has global implications \| 2019-10-02  \| MEAT+POULTRY](https://feedsoft.ai/events/56456-asf-outside-china-has-global-implications-2019-10-02-meat-poultry.md) | +0.1% | +3.6% |
| HOGS | 2019-04-17 | [ASF-driven rebound makes marketing difficult](https://feedsoft.ai/events/7157-asf-driven-rebound-makes-marketing-difficult.md) | +1.3% | -1.0% |
| CORN | 2019-05-24 | [On alert for ASF \| 2019-05-24  \| MEAT+POULTRY](https://feedsoft.ai/events/58968-on-alert-for-asf-2019-05-24-meat-poultry.md) | +7.1% | +10.0% |
| CORN | 2019-05-31 | [ASF impacts on feed \| 2019-05-31  \| MEAT+POULTRY](https://feedsoft.ai/events/59078-asf-impacts-on-feed-2019-05-31-meat-poultry.md) | -2.5% | +3.0% |
| CORN | 2022-10-07 | [Egg prices reach another record high \| MEAT+POULTRY](https://feedsoft.ai/events/39135-egg-prices-reach-another-record-high-meat-poultry.md) | +2.0% | +0.2% |

## Sources

- meatpoultry.com: https://www.meatpoultry.com/articles/22489-meat-and-poultry-market-update-regarding-asf-meat-alternatives

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