# Trade war, ASF disrupting US soybean, pork producers | Feed Strategy

> Economists Richard Brock and Joseph Kerns told the American Feed Industry Association conference that the US-China trade war and African Swine Fever in China could seriously hurt US soybean and pork producers. Brock said China has shifted its soybean supply to Brazil and Argentina and warned that this demand may not return. He also criticized the proposed government payments to farmers as no substitute for lost export demand.

- Date: 2019-05-16 · published 2019-05-16T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/59080-trade-war-asf-disrupting-us-soybean-pork-producers-feed-strategy
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

A lasting shift of Chinese soybean demand to South America would weigh on US soybean prices and export values. Reduced Chinese pork demand from ASF also adds downside pressure on US hog prices.

## Read by commodity

- SOY: bearish ▼
- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-10-29 | [Soybean, pork farmers hurt most by trade war](https://feedsoft.ai/events/62549-soybean-pork-farmers-hurt-most-by-trade-war.md) | +3.6% | +2.0% |
| SOY | 2018-12-27 | [Inside China's strategy in the soybean trade war](https://feedsoft.ai/events/61593-inside-china-s-strategy-in-the-soybean-trade-war.md) | +3.5% | +6.4% |
| SOY | 2018-09-20 | [Inside China's strategy in the soybean trade war](https://feedsoft.ai/events/63015-inside-china-s-strategy-in-the-soybean-trade-war.md) | +2.4% | +6.7% |
| SOY | 2019-08-08 | [US-China trade war: Soybean farmers are working new markets](https://feedsoft.ai/events/57614-us-china-trade-war-soybean-farmers-are-working-new-markets.md) | +1.4% | +0.1% |
| SOY | 2018-01-16 | [For US Soybean Growers, Trade War Is Here](https://feedsoft.ai/events/66856-for-us-soybean-growers-trade-war-is-here.md) | +4.3% | +6.1% |
| HOGS | 2018-10-29 | [Soybean, pork farmers hurt most by trade war](https://feedsoft.ai/events/62549-soybean-pork-farmers-hurt-most-by-trade-war.md) | -0.1% | -4.8% |
| HOGS | 2025-04-26 | [Trump trade war sinking key commodity exports like pork and soybeans](https://feedsoft.ai/events/25130-trump-trade-war-sinking-key-commodity-exports-like-pork-and-soybeans.md) | +1.0% | +5.8% |
| HOGS | 2019-02-06 | [Pork Prices Spiral Lower Amid Trade War - Bloomberg](https://feedsoft.ai/events/60735-pork-prices-spiral-lower-amid-trade-war-bloomberg.md) | -1.9% | -1.2% |

## Sources

- feedstrategy.com: https://www.feedstrategy.com/animal-health-veterinary/african-swine-fever/article/15440534/trade-war-asf-disrupting-us-soybean-pork-producers

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