# Pork could jump this year, stay elevated into 2020 due to China crisis

> Analysts expect U.S. pork prices to rise and stay elevated into 2020 as African swine fever ravages China's hog industry, with at least 129 cases reported in China. J.P. Morgan expects the replacement of China's herd to take at least 20 months.

- Date: 2019-05-01 · published 2019-05-01T12:00:00.000Z
- Category: disease · region China · magnitude high
- Page: https://feedsoft.ai/events/59215-pork-could-jump-this-year-stay-elevated-into-2020-due-to-china-crisis
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Meat & Bone Meal](https://feedsoft.ai/c/MBM.md)

## Why it matters

Sustained Chinese import demand for non-domestic pork supports U.S. hog and pork belly prices well into 2020.

## Read by commodity

- MBM: bullish ▲
- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2019-02-01 | [Year of the Pig: Swine fever threatens China’s pork industry \| CNN](https://feedsoft.ai/events/60498-year-of-the-pig-swine-fever-threatens-china-s-pork-industry-cnn.md) | -1.0% | -2.6% |
| HOGS | 2019-10-09 | [How China’s swine fever epidemic turned into a global crisis](https://feedsoft.ai/events/56708-how-china-s-swine-fever-epidemic-turned-into-a-global-crisis.md) | +9.2% | +4.6% |
| HOGS | 2019-05-07 | [Chinese crisis hits pork supply](https://feedsoft.ai/events/59234-chinese-crisis-hits-pork-supply.md) | +0.7% | -1.7% |
| HOGS | 2018-10-24 | [African swine fever hits Chinese pork industry in run-up to New Year \| China \| The Guardian](https://feedsoft.ai/events/62433-african-swine-fever-hits-chinese-pork-industry-in-run-up-to-new-year-china-the.md) | +3.1% | -0.5% |
| HOGS | 2020-09-10 | [China’s 20,000 New Pig Farms Won’t Cool Pork Prices Just Yet - Bloomberg](https://feedsoft.ai/events/51112-china-s-20-000-new-pig-farms-won-t-cool-pork-prices-just-yet-bloomberg.md) | +6.0% | +22.9% |

## Sources

- cnbc.com: https://www.cnbc.com/2019/05/01/pork-could-jump-this-year-stay-elevated-into-2020-due-to-china-crisis.html

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