# China pork prices rise as ASF depletes herd | Feed Strategy

> China's pork prices are rising as African swine fever continues to deplete its pig herd, with more than 1 million pigs dead or culled since August 2018. Official data showed pork prices up 18.2% year-on-year in May, and the country is relying more on imports.

- Date: 2019-06-18 · published 2019-06-18T12:00:00.000Z
- Category: disease · region China · magnitude medium
- Page: https://feedsoft.ai/events/58588-china-pork-prices-rise-as-asf-depletes-herd-feed-strategy
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A shrinking Chinese herd cuts domestic feed demand and lifts global demand for imported pork and protein, supporting meat and feed ingredient prices, particularly soybean meal demand in the medium term.

## Read by commodity

- SBM: neutral
- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2019-09-13 | [China pork prices soar as herds hit by fever, farm closures \| AP News](https://feedsoft.ai/events/57088-china-pork-prices-soar-as-herds-hit-by-fever-farm-closures-ap-news.md) | -2.4% | -0.3% |
| HOGS | 2019-05-28 | [Where will feed prices go if ASF bonanza materializes? \| Feed Strategy](https://feedsoft.ai/events/59202-where-will-feed-prices-go-if-asf-bonanza-materializes-feed-strategy.md) | -4.2% | -10.4% |
| HOGS | 2021-01-29 | [China confirms ASF outbreak, new virus strains \| Feed Strategy](https://feedsoft.ai/events/49029-china-confirms-asf-outbreak-new-virus-strains-feed-strategy.md) | +1.8% | +22.1% |
| HOGS | 2019-10-25 | [China pork prices surge towards $8 a kilo as demand picks up](https://feedsoft.ai/events/56563-china-pork-prices-surge-towards-8-a-kilo-as-demand-picks-up.md) | -0.9% | -5.7% |
| HOGS | 2019-12-03 | [China's restaurants feel the heat as pork supplies plunge](https://feedsoft.ai/events/55716-china-s-restaurants-feel-the-heat-as-pork-supplies-plunge.md) | +0.5% | +10.1% |
| SBM | 2019-05-28 | [Where will feed prices go if ASF bonanza materializes? \| Feed Strategy](https://feedsoft.ai/events/59202-where-will-feed-prices-go-if-asf-bonanza-materializes-feed-strategy.md) | +6.7% | +5.7% |
| SBM | 2019-08-20 | [China pig farmer profits soar after disease wipes out third of herd, boosts prices](https://feedsoft.ai/events/57565-china-pig-farmer-profits-soar-after-disease-wipes-out-third-of-herd-boosts.md) | +0.3% | +0.7% |
| SBM | 2019-07-26 | [China's duck farmers cash in as disease slashes pork output](https://feedsoft.ai/events/58086-china-s-duck-farmers-cash-in-as-disease-slashes-pork-output.md) | -3.5% | -3.4% |

## Sources

- feedstrategy.com: https://www.feedstrategy.com/animal-health-veterinary/african-swine-fever/article/15440611/china-pork-prices-rise-as-asf-depletes-herd

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