◂ Event Timeline

Mar 20, 2019POLICYUS

USDA offers tips on preventing African Swine Fever

USDA is promoting African swine fever prevention, including new web content, four infographics, and expanded detector dog teams at US ports. The agency cited a recent seizure of about 1 million pounds of smuggled Chinese pork.

WHY IT MATTERS

Preventive measures reduce the risk of ASF reaching US hogs, which would be a major demand shock; for now the update is informational and has little immediate price effect.

AFFECTSLean Hogs◆

SOURCE
farmprogress.comMar 20, 2019

Price reaction & history

Lean Hogs◆neutralSO FAR1d +3.3%5d +12.4%20d +26.5%

After 26 past neutral policy events, Lean Hogs moved a median -0.9% over 5 sessions (38% higher; middle half -2.6% to +1.7%), and +0.2% over 20.

Oct 12, 2021China: MARA Plan Aims to Manage Swine Sector and Scale | USDA Foreign Agricultural Service-8.5%
Dec 17, 201817 Questions and Answers on the USDA Trade Retaliation Mitigation Payments+5.4%
Oct 6, 2021USDA’s CCC takes on big role as presidents look to fund priorities | 2021-10-05 | Agri-Pulse Communications, Inc.-2.7%
Oct 1, 2021Biden v Big Meat: Can the US tackle rising beef prices?-1.1%
Oct 11, 2018China mulls cutting protein in animal feed as soybean supply tightens | The Poultry Site-11.6%

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.

Lean Hogs HOGS · GP ▸

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