# China urges subsidies to help disease-hit pig farms restock

> China's government is urging subsidies to help pig farms hit by disease restock their herds. Average lean pork factory prices in 16 provinces rose 36.9% year on year in the week to March 15, while the pig herd is down nearly 17%.

- Date: 2019-03-22 · published 2019-03-22T12:00:00.000Z
- Category: disease · region China · magnitude medium
- Page: https://feedsoft.ai/events/60091-china-urges-subsidies-to-help-disease-hit-pig-farms-restock
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Restocking would eventually raise feed demand, but near-term tight supply keeps hog and pork prices elevated.

## Read by commodity

- CORN: bullish ▲
- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2021-02-08 | [China's hog futures, company stocks rally on disease outbreaks](https://feedsoft.ai/events/48625-china-s-hog-futures-company-stocks-rally-on-disease-outbreaks.md) | +4.5% | +20.2% |
| HOGS | 2018-11-29 | [China mulls stockpiling pork to support farmers hit by swine fever](https://feedsoft.ai/events/62040-china-mulls-stockpiling-pork-to-support-farmers-hit-by-swine-fever.md) | -1.2% | +0.3% |
| HOGS | 2019-03-01 | [Pigs fly: China pork producers surge as swine disease cuts supply](https://feedsoft.ai/events/60094-pigs-fly-china-pork-producers-surge-as-swine-disease-cuts-supply.md) | +1.7% | +35.0% |
| HOGS | 2021-03-04 | [Hog Disease Outbreak in China Triggers Surge in U.S. Prices - Caixin Global](https://feedsoft.ai/events/48271-hog-disease-outbreak-in-china-triggers-surge-in-u-s-prices-caixin-global.md) | +2.3% | +15.3% |
| CORN | 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) | -2.6% | -4.6% |
| CORN | 2020-10-01 | [China's pig herd rebounds after swine fever, but pork supply will take time to recover \| Financial Post](https://feedsoft.ai/events/50641-china-s-pig-herd-rebounds-after-swine-fever-but-pork-supply-will-take-time-to.md) | -0.3% | +6.4% |
| CORN | 2019-10-17 | [Vietnam says African swine fever outbreak slows, urges farmers to rebuild herds](https://feedsoft.ai/events/56451-vietnam-says-african-swine-fever-outbreak-slows-urges-farmers-to-rebuild-herds.md) | -1.0% | -2.0% |

## Sources

- reuters.com: https://www.reuters.com/article/us-china-swinefever-supply/china-urges-subsidies-to-help-disease-hit-pig-farms-restock-idUSKCN1R305C/?feedName=healthNews&feedType=RSS

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