# China pork market shows surprising resilience: USMEF

> The U.S. Meat Export Federation says China's pork market appears stable despite estimates that African Swine Fever has cut the hog herd by more than 20%. USMEF calculates the sow herd is down 22% and total hog inventory is down just under 21%. Pork is on sale in Chinese cities with no empty shelves, and pork imports have declined while imports of other meats have risen.

- Date: 2019-05-23 · published 2019-05-23T12:00:00.000Z
- Category: disease · region China · magnitude low
- Page: https://feedsoft.ai/events/59079-china-pork-market-shows-surprising-resilience-usmef
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Stable Chinese retail pork prices and full warehouses suggest the herd loss has not yet tightened supply enough to lift import demand. Until a supply gap appears, the effect on US hog prices is limited.

## Read by commodity

- HOGS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 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) | +4.0% | +12.9% |
| HOGS | 2020-06-18 | [U.S. pork processing rebounds to 95% of 2019 levels](https://feedsoft.ai/events/52741-u-s-pork-processing-rebounds-to-95-of-2019-levels.md) | -5.8% | +1.7% |
| HOGS | 2020-04-01 | [Meat prices rise while cattle prices drop as supermarkets race to stock shelves](https://feedsoft.ai/events/54259-meat-prices-rise-while-cattle-prices-drop-as-supermarkets-race-to-stock-shelves.md) | -14.7% | -4.8% |
| HOGS | 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) | -0.6% | -13.1% |
| HOGS | 2019-04-29 | [Disease causing price volatility in U.S.](https://feedsoft.ai/events/59725-disease-causing-price-volatility-in-u-s.md) | -1.3% | -0.1% |

## Sources

- meatingplace.com: https://meatingplace.com/china-pork-market-shows-surprising-resilience-usmef/

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