# Pig Stocks Are Dwindling, Pork Prices Are Rising as China Battles Swine Fever - Caixin Global

> China's pig stocks are dwindling and pork prices are rising as African swine fever has led to culling of more than 1 million pigs. The China Meat Association estimates pork output may fall 15% to 20% in 2019, and Rabobank forecasts herd size could halve year on year.

- Date: 2019-07-30 · published 2019-07-30T12:00:00.000Z
- Category: disease · region China · magnitude high
- Page: https://feedsoft.ai/events/58085-pig-stocks-are-dwindling-pork-prices-are-rising-as-china-battles-swine-fever
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

A sharp drop in Chinese hog numbers reduces feed grain and meal demand from the hog sector over time, though higher pork prices support substitution demand for poultry feed.

## Read by commodity

- SBM: bearish ▼
- CORN: bearish ▼
- HOGS: bearish ▼
- CHICKEN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2021-06-21 | [Swine Fever Variants Lead to Mass Outbreaks Across China - Caixin Global](https://feedsoft.ai/events/46447-swine-fever-variants-lead-to-mass-outbreaks-across-china-caixin-global.md) | -5.4% | -3.6% |
| HOGS | 2018-12-04 | [African Swine Fever, Structural Changes Disrupt China's Pork Market](https://feedsoft.ai/events/61544-african-swine-fever-structural-changes-disrupt-china-s-pork-market.md) | -3.1% | +1.7% |
| HOGS | 2019-01-11 | [The Year of the Pig Will Be a Pig of a Year for China's Hogs - Caixin Global](https://feedsoft.ai/events/61088-the-year-of-the-pig-will-be-a-pig-of-a-year-for-china-s-hogs-caixin-global.md) | -1.4% | -7.7% |
| HOGS | 2021-03-10 | [Resurgence of African Swine Fever in China Threatens Global Grain Demand](https://feedsoft.ai/events/48100-resurgence-of-african-swine-fever-in-china-threatens-global-grain-demand.md) | +4.4% | +14.3% |
| HOGS | 2025-10-12 | [Hog prices slump as China's pork glut deepens - CME
						 \| The Pig Site](https://feedsoft.ai/events/5784-hog-prices-slump-as-china-s-pork-glut-deepens-cme-the-pig-site.md) | -9.5% | -13.5% |
| CORN | 2023-03-17 | [China’s Latest Battle With African Swine Fever to Push Up Pork Prices - Bloomberg](https://feedsoft.ai/events/36846-china-s-latest-battle-with-african-swine-fever-to-push-up-pork-prices-bloomberg.md) | -1.0% | +1.3% |
| CORN | 2021-06-21 | [Swine Fever Variants Lead to Mass Outbreaks Across China - Caixin Global](https://feedsoft.ai/events/46447-swine-fever-variants-lead-to-mass-outbreaks-across-china-caixin-global.md) | -3.3% | -8.0% |
| CORN | 2023-03-15 | [UPDATE 1-China's Pig Farms Battle New Surge in African Swine Fever](https://feedsoft.ai/events/36847-update-1-china-s-pig-farms-battle-new-surge-in-african-swine-fever.md) | -0.6% | +0.8% |

## Sources

- caixinglobal.com: https://www.caixinglobal.com/2019-07-30/pig-stocks-are-dwindling-pork-prices-are-rising-as-china-battles-swine-fever-101445468.html

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