Loading…
Purdue's Center for Commercial Agriculture analysis explains that African swine fever is cutting pork supply in China, raising demand for U.S. pork exports and lifting hog prices and producer margins since April. It notes that a U.S. outbreak could hit consumer demand and production differently.
Reduced Chinese supply lifts export demand for U.S. pork, supporting hog prices, but a U.S. outbreak would be a major risk to that support.
ag.purdue.eduSarah E ZahnMay 12, 2019After 177 past bullish disease events, Lean Hogs moved a median +0.2% over 5 sessions (52% higher; middle half -1.8% to +2.7%), and +0.9% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
Analysis dated May 12 links ASF-driven Chinese pork supply losses to higher US pork export demand and hog prices, supporting a bullish sentiment rebound, though it is commentary rather than new information.
