# Farming veteran warns China's pig crisis only getting worse | The Straits Times

> Bloomberg reports INTL FCStone's Arlan Suderman says African swine fever in China is the most dramatic industry event he has seen in nearly 40 years, and that it is under-reported. He expects China's farm industry to restructure and global meat prices to escalate, with the virus having spread to Mongolia, Vietnam and Cambodia.

- Date: 2019-04-27 · published 2019-04-27T12:00:00.000Z
- Category: disease · region Global · magnitude medium
- Page: https://feedsoft.ai/events/59589-farming-veteran-warns-china-s-pig-crisis-only-getting-worse-the-straits-times
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Losses equal to a large share of China's hog herd point to sharply higher global pork import demand, supporting meat prices while reducing Chinese feed grain and soymeal demand.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2019-12-25 | [African swine fever: China’s chicken farmers feeling the pinch as pork crisis takes toll on poultry industry \| South China Morning Post](https://feedsoft.ai/events/55714-african-swine-fever-china-s-chicken-farmers-feeling-the-pinch-as-pork-crisis.md) | +0.2% | -0.2% |
| HOGS | 2019-08-20 | [China pig farmer profits soar after disease wipes out third of herd, boosts prices](https://feedsoft.ai/events/57565-china-pig-farmer-profits-soar-after-disease-wipes-out-third-of-herd-boosts.md) | -2.9% | -11.2% |
| 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 | 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 | 2019-04-17 | [China warns of soaring pork prices as virus curbs output](https://feedsoft.ai/events/7158-china-warns-of-soaring-pork-prices-as-virus-curbs-output.md) | +1.3% | -1.0% |
| SBM | 2021-01-09 | [Bird flu hits foie gras farmers as lethal strains sweep Europe \| The Straits Times](https://feedsoft.ai/events/49034-bird-flu-hits-foie-gras-farmers-as-lethal-strains-sweep-europe-the-straits-times.md) | +4.0% | -0.7% |
| SBM | 2019-01-11 | [The Year of the Pig Will Be a Pig of a Year for China's Hogs - Caixin Global](https://feedsoft.ai/events/61088-the-year-of-the-pig-will-be-a-pig-of-a-year-for-china-s-hogs-caixin-global.md) | -0.1% | -2.1% |
| SBM | 2021-02-26 | [China's soymeal futures plunge on pig disease concerns](https://feedsoft.ai/events/48623-china-s-soymeal-futures-plunge-on-pig-disease-concerns.md) | -1.3% | -5.7% |

## Sources

- straitstimes.com: https://www.straitstimes.com/asia/east-asia/farming-veteran-warns-chinas-pig-crisis-only-getting-worse

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