# Yum China, KFC hit by rising poultry prices in China amid African swine fever epidemic | South China Morning Post

> Yum China says rising poultry prices in China, driven by African swine fever and pork-to-chicken substitution, have significantly raised its costs. Average wholesale chicken prices in big cities rose over 33% in October.

- Date: 2019-11-22 · published 2019-11-22T12:00:00.000Z
- Category: disease · region China · magnitude medium
- Page: https://feedsoft.ai/events/56212-yum-china-kfc-hit-by-rising-poultry-prices-in-china-amid-african-swine-fever
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Strong Chinese demand for chicken as a pork substitute tightens poultry supply and supports feed demand, reinforcing bullish chicken and feed-grain pricing.

## Read by commodity

- SBM: bullish ▲
- CORN: bullish ▲
- CHICKEN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-03-28 | [African Swine Fever in China Helps Boost U.S. Hog Prices - Farm Policy News](https://feedsoft.ai/events/60239-african-swine-fever-in-china-helps-boost-u-s-hog-prices-farm-policy-news.md) | -2.6% | -4.6% |
| CORN | 2018-11-09 | [China African Swine Fever: New Cases Reported Across Provinces](https://feedsoft.ai/events/61928-china-african-swine-fever-new-cases-reported-across-provinces.md) | -6.9% | -0.6% |
| CORN | 2018-12-21 | [Best of 2018: African Swine Fever impacts global protein flows \| 2018-12-21  \| MEAT+POULTRY](https://feedsoft.ai/events/61453-best-of-2018-african-swine-fever-impacts-global-protein-flows-2018-12-21-meat.md) | +0.2% | +1.7% |
| CORN | 2020-02-03 | [African Swine Fever Shrinks Pork Production in China, Swells Demand for Imported Pork \| Economic Research Service](https://feedsoft.ai/events/54484-african-swine-fever-shrinks-pork-production-in-china-swells-demand-for-imported.md) | -0.2% | -3.1% |
| CORN | 2021-03-05 | [New African swine fever variants kill millions of pigs in China, devastating herd rebuild plan](https://feedsoft.ai/events/47988-new-african-swine-fever-variants-kill-millions-of-pigs-in-china-devastating.md) | +5.1% | +7.2% |
| SBM | 2019-03-28 | [African Swine Fever in China Helps Boost U.S. Hog Prices - Farm Policy News](https://feedsoft.ai/events/60239-african-swine-fever-in-china-helps-boost-u-s-hog-prices-farm-policy-news.md) | +2.2% | +0.5% |
| SBM | 2018-11-09 | [China African Swine Fever: New Cases Reported Across Provinces](https://feedsoft.ai/events/61928-china-african-swine-fever-new-cases-reported-across-provinces.md) | -0.2% | +0.6% |
| SBM | 2018-12-21 | [Best of 2018: African Swine Fever impacts global protein flows \| 2018-12-21  \| MEAT+POULTRY](https://feedsoft.ai/events/61453-best-of-2018-african-swine-fever-impacts-global-protein-flows-2018-12-21-meat.md) | +0.4% | +1.7% |

## Sources

- scmp.com: https://www.scmp.com/business/companies/article/3038858/yum-china-kfc-hit-rising-poultry-prices-china-amid-african-swine

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