# China's soybean demand remains strong amid massive hog losses - UPI.com

> Chinese soybean demand has stayed stronger than expected despite losses of 20 to 70 percent of its hogs to African swine fever. An INTL FCStone analyst estimates hog feeding is down 45 percent yet soybean demand has fallen only about 10 percent, partly because poultry feed use has grown.

- Date: 2019-08-02 · published 2019-08-02T12:00:00.000Z
- Category: disease · region China · magnitude low
- Page: https://feedsoft.ai/events/57568-china-s-soybean-demand-remains-strong-amid-massive-hog-losses-upi-com
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Firm Chinese soybean and meal demand supports US and Brazilian soybean prices, though the resilience may be temporary if hog-related feed cuts eventually flow through to crush volumes.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CHICKEN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-11-05 | [China's Cooking Oil Market Boils Amid Pork Shortage, Low Soy Stocks \| ESM Magazine](https://feedsoft.ai/events/56155-china-s-cooking-oil-market-boils-amid-pork-shortage-low-soy-stocks-esm-magazine.md) | -2.2% | -5.9% |
| SOY | 2025-08-29 | [Is the U.S. Corn and Soybean Crop Getting Smaller? - AgWeb](https://feedsoft.ai/events/13062-is-the-u-s-corn-and-soybean-crop-getting-smaller-agweb.md) | -2.1% | -1.4% |
| SOY | 2019-11-15 | [ADM exec: ASF in China positively affecting margins \| Feed Strategy](https://feedsoft.ai/events/56057-adm-exec-asf-in-china-positively-affecting-margins-feed-strategy.md) | +0.1% | +0.8% |
| SOY | 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) | +1.4% | +0.1% |
| SOY | 2024-01-25 | [Lessons learned from 2023 soybean season](https://feedsoft.ai/events/13216-lessons-learned-from-2023-soybean-season.md) | -1.5% | -7.5% |
| SBM | 2020-01-21 | [China rebuilds swine herd; poultry, aqua demand grows \| Feed Strategy](https://feedsoft.ai/events/55069-china-rebuilds-swine-herd-poultry-aqua-demand-grows-feed-strategy.md) | -0.9% | -2.8% |
| SBM | 2021-07-30 | [ASF’s effects on feed demand in China, Germany \| Feed Strategy](https://feedsoft.ai/events/46075-asf-s-effects-on-feed-demand-in-china-germany-feed-strategy.md) | +0.1% | -0.4% |
| SBM | 2019-07-10 | [China’s egg prices surge as swine fever boosts demand for chickens](https://feedsoft.ai/events/58097-china-s-egg-prices-surge-as-swine-fever-boosts-demand-for-chickens.md) | +0.2% | -4.2% |

## Sources

- upi.com: https://www.upi.com/Top_News/US/2019/08/02/Chinas-soybean-demand-remains-strong-amid-massive-hog-losses/5171564518772/

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