# China mulls stockpiling pork to support farmers hit by swine fever

> Reuters reports Chinese pork prices in some regions have fallen more than 20% since African swine fever hit in August. China is considering state pork stockpiling to support farmers, though past purchases typically happen March to May.

- Date: 2018-11-29 · published 2018-11-29T12:00:00.000Z
- Category: disease · region China · magnitude low
- Page: https://feedsoft.ai/events/62040-china-mulls-stockpiling-pork-to-support-farmers-hit-by-swine-fever
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Possible state buying could firm hog prices, but timing is uncertain and the outbreak keeps herd supply tight.

## Read by commodity

- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2019-02-03 | [FEATURE-Swine fever outbreak may bury China's small pig farmers](https://feedsoft.ai/events/60583-feature-swine-fever-outbreak-may-bury-china-s-small-pig-farmers.md) | -1.5% | -2.9% |
| HOGS | 2019-09-13 | [China pork prices soar as herds hit by fever, farm closures \| AP News](https://feedsoft.ai/events/57088-china-pork-prices-soar-as-herds-hit-by-fever-farm-closures-ap-news.md) | -2.4% | -0.3% |
| HOGS | 2018-08-31 | [Hog Traders Eye China's Swine Fever](https://feedsoft.ai/events/63549-hog-traders-eye-china-s-swine-fever.md) | +7.0% | +28.4% |
| HOGS | 2019-12-25 | [African swine fever: China’s chicken farmers feeling the pinch as pork crisis takes toll on poultry industry \| South China Morning Post](https://feedsoft.ai/events/55714-african-swine-fever-china-s-chicken-farmers-feeling-the-pinch-as-pork-crisis.md) | +0.2% | -0.2% |
| HOGS | 2019-03-21 | [China's pork imports to double in 2019 as swine fever hits local output
						 \| The Pig Site](https://feedsoft.ai/events/60093-china-s-pork-imports-to-double-in-2019-as-swine-fever-hits-local-output-the-pig.md) | +11.1% | +23.1% |

## Sources

- reuters.com: https://www.reuters.com/article/us-china-swinefever-farmers/china-mulls-stockpiling-pork-to-support-farmers-hit-by-swine-fever-idUSKCN1NY124/?feedName=healthNews&feedType=RSS

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