# Chicken Producers Soar as China Signals End of U.S. Ban - Bloomberg

> Shares of Tyson Foods, Pilgrim's Pride and Sanderson Farms rose as China may import more protein following the deadly pig disease that has wiped out a significant share of its hog herd. Chicken is the cheapest substitute for pork, which is China's preferred protein.

- Date: 2019-10-28 · published 2019-10-28T12:00:00.000Z
- Category: disease · region China · magnitude medium
- Page: https://feedsoft.ai/events/56715-chicken-producers-soar-as-china-signals-end-of-u-s-ban-bloomberg
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Expected Chinese demand for poultry as a pork substitute supports US chicken prices and export volumes, which in turn draws on feed grains and soymeal.

## Read by commodity

- HOGS: bearish ▼
- CHICKEN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2018-09-17 | [China's pig fever outbreak a boon for chicken farmers](https://feedsoft.ai/events/62911-china-s-pig-fever-outbreak-a-boon-for-chicken-farmers.md) | +8.7% | +22.3% |
| HOGS | 2019-08-08 | [Hog Virus May Matter More for China Soy Buyers Than Trade War - Bloomberg](https://feedsoft.ai/events/11476-hog-virus-may-matter-more-for-china-soy-buyers-than-trade-war-bloomberg.md) | +0.0% | -16.0% |
| HOGS | 2017-03-14 | [Bans on poultry product imports bear watching by U.S. livestock producers](https://feedsoft.ai/events/72134-bans-on-poultry-product-imports-bear-watching-by-u-s-livestock-producers.md) | -1.5% | -9.1% |
| HOGS | 2020-04-13 | [ANALYSIS: China-owned Smithfield signals fresh corn, soymeal demand blow](https://feedsoft.ai/events/53636-analysis-china-owned-smithfield-signals-fresh-corn-soymeal-demand-blow.md) | -8.1% | +46.1% |
| HOGS | 2019-11-11 | [Higher prices of chicken seen \| Philstar.com](https://feedsoft.ai/events/56211-higher-prices-of-chicken-seen-philstar-com.md) | -0.9% | -4.9% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2019-10-28/sanderson-paces-poultry-stock-rally-as-china-agrees-to-lift-ban

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