
African swine fever has spread across China and into Vietnam, North Korea, Cambodia and reached Northern Ireland, with about 1.17 million pigs culled in China. Analysts estimate more than 300 million pigs in China may die by the end of 2019.
Large pork supply losses are pushing up global demand for other proteins, supporting poultry and meat prices and boosting import demand for feed ingredients.
After 177 past bullish disease events, Lean Hogs moved a median +0.2% over 5 sessions (52% higher; middle half -1.8% to +2.7%), and +0.9% over 20.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.