# Deadly Pig Disease to Reshape Global Soy Markets for Years - Bloomberg

> Bloomberg reports that African swine fever spreading through China is expected to reshape global soybean markets for years. Rebuilding China's pig herd and pork supply is estimated to take three to five years, curbing soybean meal demand for feed.

- Date: 2019-04-14 · published 2019-04-14T12:00:00.000Z
- Category: disease · region China · magnitude high
- Page: https://feedsoft.ai/events/59632-deadly-pig-disease-to-reshape-global-soy-markets-for-years-bloomberg
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Lower Chinese hog numbers mean less feed demand, reducing import needs for soybeans and soymeal and pressuring global soy prices over the medium term.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-10-03 | [Rabobank: ASF to affect markets, flow for 3-5 years](https://feedsoft.ai/events/56564-rabobank-asf-to-affect-markets-flow-for-3-5-years.md) | +2.7% | +0.5% |
| CORN | 2018-08-31 | [Hog prices poised to soar as deadly swine disease emerges in China - MarketWatch](https://feedsoft.ai/events/63673-hog-prices-poised-to-soar-as-deadly-swine-disease-emerges-in-china-marketwatch.md) | +2.5% | +4.3% |
| CORN | 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) | +0.5% | +0.6% |
| CORN | 2020-01-28 | [Coronavirus Fears Prompt Flight to Safety in Commodity Markets - Caixin Global](https://feedsoft.ai/events/8057-coronavirus-fears-prompt-flight-to-safety-in-commodity-markets-caixin-global.md) | -0.8% | -2.1% |
| CORN | 2019-08-30 | [Genesus Global Market Report: China - August 2019
						 \| The Pig Site](https://feedsoft.ai/events/57566-genesus-global-market-report-china-august-2019-the-pig-site.md) | -2.4% | +1.4% |
| SOY | 2020-01-28 | [Coronavirus Fears Prompt Flight to Safety in Commodity Markets - Caixin Global](https://feedsoft.ai/events/8057-coronavirus-fears-prompt-flight-to-safety-in-commodity-markets-caixin-global.md) | -2.3% | -2.0% |
| SOY | 2021-04-15 | [More wheat feeding and pig disease outbreaks pose double threat to China soymeal demand \| Reuters](https://feedsoft.ai/events/47642-more-wheat-feeding-and-pig-disease-outbreaks-pose-double-threat-to-china.md) | +6.2% | +17.8% |
| SOY | 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) | +0.7% | +0.6% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2019-04-14/deadly-pig-disease-to-reshape-global-soybean-markets-for-years
- scmp.com: https://www.scmp.com/news/china/politics/article/3006226/how-chinas-swine-fever-outbreak-upending-global-soybean-markets

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