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Rabobank analyst Gorjan Nikolik says African swine fever is cutting pork output in China and could reduce China's pork production by up to 10 percent. He expects seafood and other animal proteins to gain demand as China seeks substitutes.
Lost Chinese pork supply raises demand for alternative animal proteins, supporting fishmeal and other feed-protein prices.
thefishsite.comRob FletcherMar 22, 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.
Not enough comparable past events yet for a historical read.
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.
