# ASF tempers bullish soybean hopes after China trade truce - Brownfield Ag News

> An analyst says worsening African swine fever in China will temper the bullish soybean reaction to the U.S.-China trade truce. China confirmed new outbreaks including a Beijing farm with nearly 10,000 pigs, and soybean futures must close above $9.06 to signal a technical recovery.

- Date: 2018-12-03 · published 2018-12-03T12:00:00.000Z
- Category: disease · region China · magnitude medium
- Page: https://feedsoft.ai/events/61548-asf-tempers-bullish-soybean-hopes-after-china-trade-truce-brownfield-ag-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Expected shrinkage in Chinese hog production limits soymeal demand, capping soybean rallies even with the trade truce in place.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-01-17 | [China soybean imports show US farmers have more to fear than trade war](https://feedsoft.ai/events/60960-china-soybean-imports-show-us-farmers-have-more-to-fear-than-trade-war.md) | +2.4% | +1.0% |
| SOY | 2019-03-12 | [Swine fever hurts China soybean demand, raises doubts on trade promises](https://feedsoft.ai/events/60092-swine-fever-hurts-china-soybean-demand-raises-doubts-on-trade-promises.md) | +3.2% | +2.4% |
| SOY | 2018-11-01 | [Effects from African swine fever may  reduce China's soybean needs.](https://feedsoft.ai/events/62037-effects-from-african-swine-fever-may-reduce-china-s-soybean-needs.md) | +3.4% | +5.8% |
| SOY | 2018-09-11 | [African Swine Fever May Reduce China's Soybean Demand](https://feedsoft.ai/events/63016-african-swine-fever-may-reduce-china-s-soybean-demand.md) | -1.2% | +4.3% |
| SOY | 2019-01-16 | [Trade war, sick hogs make China soy purchases hard to predict: Braun](https://feedsoft.ai/events/61085-trade-war-sick-hogs-make-china-soy-purchases-hard-to-predict-braun.md) | +2.4% | +2.6% |
| SBM | 2019-08-08 | [Hog Virus May Matter More for China Soy Buyers Than Trade War - Bloomberg](https://feedsoft.ai/events/11476-hog-virus-may-matter-more-for-china-soy-buyers-than-trade-war-bloomberg.md) | 0.0% | -1.5% |
| SBM | 2019-01-17 | [China soybean imports show US farmers have more to fear than trade war](https://feedsoft.ai/events/60960-china-soybean-imports-show-us-farmers-have-more-to-fear-than-trade-war.md) | +0.7% | -1.5% |
| SBM | 2019-03-12 | [Swine fever hurts China soybean demand, raises doubts on trade promises](https://feedsoft.ai/events/60092-swine-fever-hurts-china-soybean-demand-raises-doubts-on-trade-promises.md) | +4.4% | +4.2% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/asf-tempers-bullish-soybean-hopes-after-china-trade-truce/

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