# Despite higher hog numbers, ASF in Asia expected to fuel higher North American prices

> HAMS Marketing Services says North American hog production is up more than 5% year over year, but it sees upside for 2020 hog prices. Futures rose 5-10% over the past week on steadily rising Chinese purchases of US pork. African swine fever has created a large supply gap in Asia.

- Date: 2019-10-28 · published 2019-10-28T12:00:00.000Z
- Category: disease · region Asia · magnitude medium
- Page: https://feedsoft.ai/events/56726-despite-higher-hog-numbers-asf-in-asia-expected-to-fuel-higher-north-american
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

A large supply gap in Asia from African swine fever supports North American pork prices. Price gains depend on exports moving, which offsets heavy domestic supply.

## Read by commodity

- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2022-03-27 | [Disease Outbreaks in Mexico’s Hog Herd to Drive U.S. Meat Prices Higher](https://feedsoft.ai/events/42423-disease-outbreaks-in-mexico-s-hog-herd-to-drive-u-s-meat-prices-higher.md) | -2.6% | +2.9% |
| HOGS | 2021-02-05 | [Pig outlook: Lean hog futures prices power still higher
						 \| The Pig Site](https://feedsoft.ai/events/48796-pig-outlook-lean-hog-futures-prices-power-still-higher-the-pig-site.md) | +4.1% | +20.4% |
| HOGS | 2019-03-11 | [China hog prices hit 14-month high as African swine fever slashes output
						 \| The Pig Site](https://feedsoft.ai/events/60096-china-hog-prices-hit-14-month-high-as-african-swine-fever-slashes-output-the.md) | +9.4% | +33.1% |
| HOGS | 2018-08-31 | [Hog prices poised to soar as deadly swine disease emerges in China - MarketWatch](https://feedsoft.ai/events/63673-hog-prices-poised-to-soar-as-deadly-swine-disease-emerges-in-china-marketwatch.md) | +7.0% | +28.4% |
| HOGS | 2019-03-29 | [Hog prices rise sharply in the U.S. after new data shows toll of African swine fever on China's herd](https://feedsoft.ai/events/60241-hog-prices-rise-sharply-in-the-u-s-after-new-data-shows-toll-of-african-swine.md) | +3.0% | +12.5% |

## Sources

- mysteinbach.ca: https://www.mysteinbach.ca/news/5296/despite-higher-hog-numbers-asf-in-asia-expected-to-fuel-higher-north-american-prices/

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