# African swine fever hits Chinese pork industry in run-up to New Year | China | The Guardian

> African swine fever has spread to 12 Chinese provinces over the past three months, covering more than half of the country's pig population. The virus has a near-100% fatality rate and no vaccine is available.

- Date: 2018-10-24 · published 2018-10-24T12:00:00.000Z
- Category: disease · region China · magnitude high
- Page: https://feedsoft.ai/events/62433-african-swine-fever-hits-chinese-pork-industry-in-run-up-to-new-year-china-the
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Heavy pig losses in China cut hog numbers and feed demand, which lowers soymeal consumption and pressures soybean import needs while pushing up pork prices. The scale of the spread makes this a major driver for feed markets.

## Read by commodity

- SBM: bearish ▼
- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2019-02-01 | [Year of the Pig: Swine fever threatens China’s pork industry \| CNN](https://feedsoft.ai/events/60498-year-of-the-pig-swine-fever-threatens-china-s-pork-industry-cnn.md) | -1.0% | -2.6% |
| HOGS | 2019-03-29 | [Hog prices rise sharply in the U.S. after new data shows toll of African swine fever on China's herd](https://feedsoft.ai/events/60241-hog-prices-rise-sharply-in-the-u-s-after-new-data-shows-toll-of-african-swine.md) | +3.0% | +12.5% |
| HOGS | 2023-03-15 | [UPDATE 1-China's Pig Farms Battle New Surge in African Swine Fever](https://feedsoft.ai/events/36847-update-1-china-s-pig-farms-battle-new-surge-in-african-swine-fever.md) | -6.0% | -11.7% |
| HOGS | 2019-08-01 | [Poultry prices up amid swine fever in China](https://feedsoft.ai/events/57732-poultry-prices-up-amid-swine-fever-in-china.md) | -0.8% | -15.9% |
| HOGS | 2019-03-28 | [African Swine Fever in China Helps Boost U.S. Hog Prices - Farm Policy News](https://feedsoft.ai/events/60239-african-swine-fever-in-china-helps-boost-u-s-hog-prices-farm-policy-news.md) | +2.1% | +12.7% |
| SBM | 2019-02-01 | [Year of the Pig: Swine fever threatens China’s pork industry \| CNN](https://feedsoft.ai/events/60498-year-of-the-pig-swine-fever-threatens-china-s-pork-industry-cnn.md) | -1.5% | -2.2% |
| SBM | 2023-03-15 | [UPDATE 1-China's Pig Farms Battle New Surge in African Swine Fever](https://feedsoft.ai/events/36847-update-1-china-s-pig-farms-battle-new-surge-in-african-swine-fever.md) | -5.8% | -6.5% |
| SBM | 2019-04-24 | [Impacts of African Swine Fever on China's Feed Industry and Soy Demand - Rabobank](https://feedsoft.ai/events/59584-impacts-of-african-swine-fever-on-china-s-feed-industry-and-soy-demand-rabobank.md) | -1.7% | -1.9% |

## Sources

- theguardian.com: https://theguardian.com/world/2018/oct/24/african-swine-flu-virus-threatens-pork-production-china-chinese-new-year

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