Loading…
A preprint from RePEc on African swine fever in China provides an update on the outbreak and its economic context. The text is largely reference material and author details, with little substantive detail on the outbreak itself.
ASF in China's hog herd reduces domestic pork supply and raises demand for feed imports such as corn and soymeal, supporting feed-grain prices.
card.iastate.eduMinghao Li, Tao Xiong, Yongjie Ji, Dermot J. Hayes, Wendong ZhangJan 1, 2019After 117 past bearish disease events, Lean Hogs moved a median -0.6% over 5 sessions (36% higher; middle half -2.2% to +1.6%), and +1.2% over 20.
After 145 past neutral disease events, Corn moved a median +0.4% over 5 sessions (58% higher; middle half -1.2% to +1.7%), and +0.0% over 20.
After 98 past neutral disease events, Soybean Meal moved a median -0.2% over 5 sessions (44% higher; middle half -1.9% to +1.5%), and -0.4% over 20.
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.
