# ASF drives Chinese soy meal consumption to 4-year low | Feed Strategy

> A USDA report dated September 4 shows Chinese soybean meal consumption falling to a four-year low as African swine fever shrinks the hog herd. Chinese soybean imports are expected to hit a five-year low in September-October, with U.S. soybean imports under a quarter of last year's levels.

- Date: 2019-09-11 · published 2019-09-11T12:00:00.000Z
- Category: disease · region China · magnitude medium
- Page: https://feedsoft.ai/events/57087-asf-drives-chinese-soy-meal-consumption-to-4-year-low-feed-strategy
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Lower Chinese soymeal and soybean demand is bearish for world soybean and soymeal prices, especially for U.S. exporters. Broiler growth only partly offsets the hog losses.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2019-10-03 | [Rabobank: China’s hog feed consumption to fall 40% \| Feed Strategy](https://feedsoft.ai/events/56565-rabobank-china-s-hog-feed-consumption-to-fall-40-feed-strategy.md) | +1.7% | +0.6% |
| SBM | 2020-03-04 | [Coronavirus complicates ASF situation in China \| Feed Strategy](https://feedsoft.ai/events/54125-coronavirus-complicates-asf-situation-in-china-feed-strategy.md) | -2.6% | +5.8% |
| SBM | 2020-04-22 | [ASF, COVID-19 shape 2020 pig and feed production \| Feed Strategy](https://feedsoft.ai/events/53521-asf-covid-19-shape-2020-pig-and-feed-production-feed-strategy.md) | -2.5% | -1.6% |
| SBM | 2021-03-16 | [ASF the dominating factor in pork market uncertainty \| Feed Strategy](https://feedsoft.ai/events/48101-asf-the-dominating-factor-in-pork-market-uncertainty-feed-strategy.md) | -2.4% | -3.2% |
| SBM | 2025-03-20 | [USDA Update on Progress of Five-Pronged Strategy to Combat Avian Flu and Lower Egg Prices \| USDA](https://feedsoft.ai/events/25603-usda-update-on-progress-of-five-pronged-strategy-to-combat-avian-flu-and-lower.md) | -1.0% | +0.7% |
| SOY | 2019-10-03 | [Rabobank: China’s hog feed consumption to fall 40% \| Feed Strategy](https://feedsoft.ai/events/56565-rabobank-china-s-hog-feed-consumption-to-fall-40-feed-strategy.md) | +1.1% | +0.2% |
| SOY | 2022-09-05 | [China’s yuan touches 2-year low on dollar strength, COVID resurgence - Markets - Business Recorder](https://feedsoft.ai/events/12274-china-s-yuan-touches-2-year-low-on-dollar-strength-covid-resurgence-markets.md) | +2.6% | -9.0% |
| SOY | 2019-08-28 | [Column: U.S. corn, soy sales at 14-year low with new marketing year days away](https://feedsoft.ai/events/5703-column-u-s-corn-soy-sales-at-14-year-low-with-new-marketing-year-days-away.md) | +1.9% | +5.1% |

## Sources

- feedstrategy.com: https://www.feedstrategy.com/animal-health-veterinary/african-swine-fever/article/15440771/asf-drives-chinese-soy-meal-consumption-to-4-year-low

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