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

> Reuters reports China's soybean imports are set to drop as African swine fever hits its large pig herd and reduces feed demand. The outbreak also makes it easier for buyers to keep avoiding U.S. cargoes amid the trade war.

- Date: 2018-11-27 · published 2018-11-27T12:00:00.000Z
- Category: disease · region China · magnitude medium
- Page: https://feedsoft.ai/events/62036-crop-drop-china-swine-fever-outbreak-to-curb-its-soybean-imports
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Weaker Chinese demand and continued avoidance of U.S. cargoes are bearish for soybeans and soymeal prices.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2018-09-11 | [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 | 2018-08-27 | [China's soybean, soymeal futures fall on African swine fever worries](https://feedsoft.ai/events/63548-china-s-soybean-soymeal-futures-fall-on-african-swine-fever-worries.md) | -1.1% | -0.1% |
| 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 | 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% |
| SBM | 2019-06-06 | [China’s African swine fever outbreak is unprecedented \| Vox](https://feedsoft.ai/events/58463-china-s-african-swine-fever-outbreak-is-unprecedented-vox.md) | +0.6% | -3.7% |
| SBM | 2021-06-21 | [Swine Fever Variants Lead to Mass Outbreaks Across China - Caixin Global](https://feedsoft.ai/events/46447-swine-fever-variants-lead-to-mass-outbreaks-across-china-caixin-global.md) | -5.5% | -2.2% |
| 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

- reuters.com: https://www.reuters.com/article/us-china-soybean-demand/crop-drop-china-swine-fever-outbreak-to-curb-its-soybean-imports-idUSKCN1NW0PH/

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