# Hog prices rise sharply in the U.S. after new data shows toll of African swine fever on China's herd

> Star Tribune reports that China's pig herd fell about 17% in the 12 months to February 28 because of African swine fever, sending US hog futures sharply higher. October lean hog futures closed at $82.23 on Friday, up from about $140 per head three weeks earlier, and farmers rushed to lock in sales.

- Date: 2019-03-29 · published 2019-03-29T12:00:00.000Z
- Category: disease · region China · magnitude medium
- Page: https://feedsoft.ai/events/60241-hog-prices-rise-sharply-in-the-u-s-after-new-data-shows-toll-of-african-swine
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Expected Chinese pork shortfalls are lifting US hog prices and encouraging forward sales, which could support hog-feed demand in the near term.

## Read by commodity

- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 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) | +2.1% | +12.7% |
| HOGS | 2018-10-19 | [China says hog prices to rise ahead of Lunar New Year amid swine fever outbreaks](https://feedsoft.ai/events/62543-china-says-hog-prices-to-rise-ahead-of-lunar-new-year-amid-swine-fever-outbreaks.md) | +2.4% | -0.7% |
| HOGS | 2018-10-24 | [African swine fever hits Chinese pork industry in run-up to New Year \| China \| The Guardian](https://feedsoft.ai/events/62433-african-swine-fever-hits-chinese-pork-industry-in-run-up-to-new-year-china-the.md) | +3.1% | -0.5% |
| HOGS | 2021-03-05 | [New African swine fever variants kill millions of pigs in China, devastating herd rebuild plan](https://feedsoft.ai/events/47988-new-african-swine-fever-variants-kill-millions-of-pigs-in-china-devastating.md) | +4.2% | +15.9% |
| HOGS | 2019-03-11 | [China hog prices hit 14-month high as African swine fever slashes output
						 \| The Pig Site](https://feedsoft.ai/events/60096-china-hog-prices-hit-14-month-high-as-african-swine-fever-slashes-output-the.md) | +9.4% | +33.1% |

## Sources

- startribune.com: https://www.startribune.com/hog-prices-rise-sharply-in-the-u-s-after-new-data-shows-toll-of-african-swine-fever-on-china-s-herd/507850092

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