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Rabobank's 2020 Global Animal Protein Outlook says African swine fever will dominate animal protein markets in 2020, alongside US-China trade disputes and rising alternative proteins. The bank expects continued recovery from ASF to extend through the 2020s.
Lost Chinese pork output keeps global protein demand tilted toward beef and poultry, supporting those meat prices while feed demand from hog production stays depressed.
beefmagazine.comNov 25, 2019After 117 past bearish disease events, Lean Hogs moved a median -0.6% over 5 sessions (36% higher; middle half -2.2% to +1.6%), and +1.2% over 20.
Not enough comparable past events yet for a historical read.
After 148 past bullish disease events, Live Cattle moved a median +0.4% over 5 sessions (62% higher; middle half -0.5% to +1.2%), and +1.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
