# China says hog prices to rise ahead of Lunar New Year amid swine fever outbreaks

> China's agriculture ministry said hog prices are set to rise ahead of the Lunar New Year in February as African swine fever outbreaks cut supply. Replenishment of herds by some farmers in major production areas was affected over the past two months. Prices in Zhejiang were around 18.32 yuan per kg versus a national average of 14 yuan.

- Date: 2018-10-19 · published 2018-10-19T12:00:00.000Z
- Category: disease · region China · magnitude medium
- Page: https://feedsoft.ai/events/62543-china-says-hog-prices-to-rise-ahead-of-lunar-new-year-amid-swine-fever-outbreaks
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Lower Chinese pig supply and higher hog prices typically support pork demand and could lift feed demand over the winter, though feed buyers should watch for a sustained herd rebuild that would eventually add grain and meal demand.

## Read by commodity

- SBM: neutral
- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 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 | 2018-11-05 | [USMEF says China's African Swine Fever outbreak now 54 cases - Brownfield Ag News](https://feedsoft.ai/events/61927-usmef-says-china-s-african-swine-fever-outbreak-now-54-cases-brownfield-ag-news.md) | -3.2% | -4.7% |
| HOGS | 2020-06-05 | [China reports African swine fever outbreak in Yunnan province](https://feedsoft.ai/events/52486-china-reports-african-swine-fever-outbreak-in-yunnan-province.md) | -5.6% | -10.7% |
| HOGS | 2018-10-24 | [African swine fever hits Chinese pork industry in run-up to New Year \| China \| The Guardian](https://feedsoft.ai/events/62433-african-swine-fever-hits-chinese-pork-industry-in-run-up-to-new-year-china-the.md) | +3.1% | -0.5% |
| SBM | 2016-12-02 | [Bird flu outbreaks rock poultry sector amid improving prices](https://feedsoft.ai/events/73607-bird-flu-outbreaks-rock-poultry-sector-amid-improving-prices.md) | +0.5% | +0.6% |
| SBM | 2026-02-24 | [Avian flu outbreak threatens to reverse falling egg prices](https://feedsoft.ai/events/20605-avian-flu-outbreak-threatens-to-reverse-falling-egg-prices.md) | +0.4% | +5.7% |
| SBM | 2019-08-20 | [China pig farmer profits soar after disease wipes out third of herd, boosts prices](https://feedsoft.ai/events/57565-china-pig-farmer-profits-soar-after-disease-wipes-out-third-of-herd-boosts.md) | +0.3% | +0.7% |

## Sources

- reuters.com: https://www.reuters.com/article/us-china-swinefever/china-says-hog-prices-to-rise-ahead-of-lunar-new-year-amid-swine-fever-outbreaks-idUSKCN1MT0DJ/?feedName=healthNews&feedType=RSS

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