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Chicken prices in China are surging as consumers substitute poultry for pricey pork while farmers cull pig herds to contain African swine fever. Chicken supply is already short, with imports from the US and France banned since 2016 over bird flu.
Stronger demand for chicken amid a shortage pushes poultry prices higher, supporting chicken as a feed-protein and tightening the broader meat complex while pork supply falls.
scmp.comHe HuifengApr 27, 2019Not enough comparable past events yet for a historical read.
After 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.
