# Global protein outlook includes challenges, opportunities | 2019-02-01  | MEAT+POULTRY

> Mizuho Securities expects a substantial improvement in US chicken margins in 2019, citing strong protein exports and lower-than-expected new chicken capacity. The report says African Swine Fever could reshape the global protein cycle, with China's market hogs reportedly liquidated by up to 5 percent and breeder inventory culled by 8 to 10 percent.

- Date: 2019-02-01 · published 2019-02-01T12:00:00.000Z
- Category: disease · region Global · magnitude medium
- Page: https://feedsoft.ai/events/60708-global-protein-outlook-includes-challenges-opportunities-2019-02-01-meat-poultry
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

A severe Chinese hog shortage would lift import demand for pork and other proteins, supporting prices for feed-linked meats and chicken, while tighter domestic supply in China signals higher hog prices.

## Read by commodity

- HOGS: bullish ▲
- CHICKEN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2019-10-02 | [ASF outside China has global implications \| 2019-10-02  \| MEAT+POULTRY](https://feedsoft.ai/events/56456-asf-outside-china-has-global-implications-2019-10-02-meat-poultry.md) | +0.1% | +3.6% |
| HOGS | 2019-07-30 | [Pork market challenges continue due to disease, trade talks \| 2019-07-30  \| MEAT+POULTRY](https://feedsoft.ai/events/58249-pork-market-challenges-continue-due-to-disease-trade-talks-2019-07-30-meat.md) | -2.8% | -17.2% |
| HOGS | 2019-04-25 | [National Chicken Council \| Poultry is King of Proteins in International Poultry Council Outlook](https://feedsoft.ai/events/59736-national-chicken-council-poultry-is-king-of-proteins-in-international-poultry.md) | -1.4% | +1.2% |
| HOGS | 2019-05-24 | [On alert for ASF \| 2019-05-24  \| MEAT+POULTRY](https://feedsoft.ai/events/58968-on-alert-for-asf-2019-05-24-meat-poultry.md) | -5.7% | -9.9% |
| HOGS | 2019-08-27 | [Rabobank: ASF impacts becoming clear \| 2019-08-27  \| MEAT+POULTRY](https://feedsoft.ai/events/57474-rabobank-asf-impacts-becoming-clear-2019-08-27-meat-poultry.md) | -1.6% | -10.7% |

## Sources

- meatpoultry.com: https://www.meatpoultry.com/articles/20827-global-protein-outlook-includes-challenges-opportunities

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