Crop drop: China swine fever outbreak to curb its soybean imports

After 50 past bearish disease events, Soybeans moved a median +0.5% over 5 sessions (58% higher; middle half -1.7% to +2.4%), and +0.0% over 20.

• Mar 12, 2019Swine fever hurts China soybean demand, raises doubts on trade promises+3.2%
• Sep 11, 2018African Swine Fever May Reduce China's Soybean Demand-1.2%
• Aug 27, 2018China's soybean, soymeal futures fall on African swine fever worries-1.1%
• Jan 17, 2019China soybean imports show US farmers have more to fear than trade war+2.4%
• Nov 1, 2018Effects from African swine fever may reduce China's soybean needs.+3.4%

After 167 past bearish disease events, Soybean Meal moved a median -0.6% over 5 sessions (40% higher; middle half -1.8% to +1.4%), and -0.8% over 20.

• Jun 6, 2019China’s African swine fever outbreak is unprecedented | Vox+0.6%
• Jun 21, 2021Swine Fever Variants Lead to Mass Outbreaks Across China - Caixin Global-5.5%
• Mar 12, 2019Swine fever hurts China soybean demand, raises doubts on trade promises+4.4%
• Sep 11, 2018African Swine Fever May Reduce China's Soybean Demand-4.1%
• Jul 3, 2019Swine fever: How is Asia coping with the outbreak?+1.8%