# African Swine Fever in China Helps Boost U.S. Hog Prices - Farm Policy News

> Farm Policy News cites a USDA FAS report that African swine fever has cut China's 2019 swine inventory by a forecast 13% and pork output by 5%, with China's pork imports seen rising 33% to 2 million tonnes. The article notes that a Wall Street Journal report linked the recent surge in US hog prices to Chinese buyers turning to US supply.

- Date: 2019-03-28 · published 2019-03-28T12:00:00.000Z
- Category: disease · region China · magnitude medium
- Page: https://feedsoft.ai/events/60239-african-swine-fever-in-china-helps-boost-u-s-hog-prices-farm-policy-news
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Expected Chinese import growth to fill its pork shortfall supports US hog and feed demand, and it lifts the outlook for US pork exports.

## Read by commodity

- SBM: bullish ▲
- CORN: bullish ▲
- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2019-03-29 | [Hog prices rise sharply in the U.S. after new data shows toll of African swine fever on China's herd](https://feedsoft.ai/events/60241-hog-prices-rise-sharply-in-the-u-s-after-new-data-shows-toll-of-african-swine.md) | +3.0% | +12.5% |
| HOGS | 2023-03-15 | [UPDATE 1-China's Pig Farms Battle New Surge in African Swine Fever](https://feedsoft.ai/events/36847-update-1-china-s-pig-farms-battle-new-surge-in-african-swine-fever.md) | -6.0% | -11.7% |
| HOGS | 2019-08-26 | [Poultry Prices and China’s African Swine Fever - EMERGING](https://feedsoft.ai/events/57742-poultry-prices-and-china-s-african-swine-fever-emerging.md) | -0.4% | -9.1% |
| HOGS | 2019-08-01 | [Poultry prices up amid swine fever in China](https://feedsoft.ai/events/57732-poultry-prices-up-amid-swine-fever-in-china.md) | -0.8% | -15.9% |
| HOGS | 2019-12-16 | [UK pork firms see 2020 sales boost as African Swine Fever grips China](https://feedsoft.ai/events/6403-uk-pork-firms-see-2020-sales-boost-as-african-swine-fever-grips-china.md) | +8.8% | +5.7% |
| SBM | 2018-11-09 | [China African Swine Fever: New Cases Reported Across Provinces](https://feedsoft.ai/events/61928-china-african-swine-fever-new-cases-reported-across-provinces.md) | -0.2% | +0.6% |
| SBM | 2019-11-22 | [Yum China, KFC hit by rising poultry prices in China amid African swine fever epidemic \| South China Morning Post](https://feedsoft.ai/events/56212-yum-china-kfc-hit-by-rising-poultry-prices-in-china-amid-african-swine-fever.md) | -3.4% | -1.0% |
| SBM | 2019-07-10 | [China’s egg prices surge as swine fever boosts demand for chickens](https://feedsoft.ai/events/58097-china-s-egg-prices-surge-as-swine-fever-boosts-demand-for-chickens.md) | +0.2% | -4.2% |

## Sources

- farmpolicynews.illinois.edu: https://farmpolicynews.illinois.edu/2019/03/african-swine-fever-in-china-helps-boost-u-s-hog-prices/

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