# Chinese Hog Farms ‘Panic’ as Swine Virus Shrinks Herds

> Bloomberg reports Chinese hog farmers are panicking as African swine fever spreads, with outbreaks confirmed on six farms in Hainan province on Sunday. The virus has now spread across virtually the entire country according to China's Agriculture Ministry.

- Date: 2019-05-01 · published 2019-05-01T12:00:00.000Z
- Category: disease · region China · magnitude medium
- Page: https://feedsoft.ai/events/59586-chinese-hog-farms-panic-as-swine-virus-shrinks-herds
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Expanding herd losses cut Chinese hog feed demand and raise pork import needs, pressuring feed ingredients while supporting global pork and protein prices.

## Read by commodity

- SBM: bearish ▼
- CORN: bearish ▼
- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2019-03-28 | [African Swine Fever in China Helps Boost U.S. Hog Prices - Farm Policy News](https://feedsoft.ai/events/60239-african-swine-fever-in-china-helps-boost-u-s-hog-prices-farm-policy-news.md) | +2.1% | +12.7% |
| HOGS | 2018-08-31 | [Hog Traders Eye China's Swine Fever](https://feedsoft.ai/events/63549-hog-traders-eye-china-s-swine-fever.md) | +7.0% | +28.4% |
| 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 | 2019-12-19 | [African swine fever: Fears rise as virus spreads to Indonesia - BBC News](https://feedsoft.ai/events/55479-african-swine-fever-fears-rise-as-virus-spreads-to-indonesia-bbc-news.md) | +0.4% | -1.7% |
| HOGS | 2019-03-29 | [Hog prices rise sharply in the U.S. after new data shows toll of African swine fever on China's herd](https://feedsoft.ai/events/60241-hog-prices-rise-sharply-in-the-u-s-after-new-data-shows-toll-of-african-swine.md) | +3.0% | +12.5% |
| CORN | 2019-07-17 | [China hog herd shrinks by 26%](https://feedsoft.ai/events/58090-china-hog-herd-shrinks-by-26.md) | -1.1% | -11.9% |
| CORN | 2019-12-19 | [African swine fever: Fears rise as virus spreads to Indonesia - BBC News](https://feedsoft.ai/events/55479-african-swine-fever-fears-rise-as-virus-spreads-to-indonesia-bbc-news.md) | +0.5% | +0.7% |
| CORN | 2019-08-01 | [Cargill shuts China feed mills as swine fever spreads](https://feedsoft.ai/events/58089-cargill-shuts-china-feed-mills-as-swine-fever-spreads.md) | -3.0% | -7.6% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2019-04-22/chinese-hog-farms-panic-as-swine-virus-continues-roiling-herds

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