# Manage risks and opportunities in current hog market

> A risk management commentary notes feed costs are under control due to large corn and soybean harvests. It says African swine fever has spread to southern Chinese provinces and to the Vietnam border, and that China levies a 62% duty on U.S. pork, leaving the U.S. as a supplier of last resort.

- Date: 2018-10-29 · published 2018-10-29T12:00:00.000Z
- Category: disease · region China · magnitude low
- Page: https://feedsoft.ai/events/62687-manage-risks-and-opportunities-in-current-hog-market
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Cheap feed supports hog margins, while tariffs limit U.S. pork export gains from Chinese demand, so the price upside for U.S. hogs is capped.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2019-02-01 | [Global protein outlook includes challenges, opportunities \| 2019-02-01  \| MEAT+POULTRY](https://feedsoft.ai/events/60708-global-protein-outlook-includes-challenges-opportunities-2019-02-01-meat-poultry.md) | -1.0% | -2.6% |
| HOGS | 2018-12-05 | [More and more ASF cases in China - imports of US pork](https://feedsoft.ai/events/61547-more-and-more-asf-cases-in-china-imports-of-us-pork.md) | -2.8% | +3.0% |
| HOGS | 2026-04-28 | [Hog Market Outlook: Why Dave Delaney Sees a Summer Rally and Undervalued Futures - Pork Business](https://feedsoft.ai/events/19867-hog-market-outlook-why-dave-delaney-sees-a-summer-rally-and-undervalued-futures.md) | -1.6% | +0.9% |
| HOGS | 2018-08-31 | [Hog prices poised to soar as deadly swine disease emerges in China - MarketWatch](https://feedsoft.ai/events/63673-hog-prices-poised-to-soar-as-deadly-swine-disease-emerges-in-china-marketwatch.md) | +7.0% | +28.4% |
| HOGS | 2025-08-26 | [U.S. Pork Outlook: PRRS Challenges, Tighter Supplies, and Rising Prices - Swineweb.com - Complete Swine News, Markets, Commentary, and Technical Info](https://feedsoft.ai/events/23474-u-s-pork-outlook-prrs-challenges-tighter-supplies-and-rising-prices-swineweb.md) | +2.1% | +4.1% |
| CORN | 2018-08-31 | [Hog prices poised to soar as deadly swine disease emerges in China - MarketWatch](https://feedsoft.ai/events/63673-hog-prices-poised-to-soar-as-deadly-swine-disease-emerges-in-china-marketwatch.md) | +2.5% | +4.3% |
| CORN | 2021-01-13 | [Indian poultry market hit by avian flu scares \| WATTPoultry.com](https://feedsoft.ai/events/49147-indian-poultry-market-hit-by-avian-flu-scares-wattpoultry-com.md) | +2.0% | +7.5% |
| CORN | 2021-02-08 | [China hog futures surge to one-month high on mounting ASF fear - Fastmarkets](https://feedsoft.ai/events/48627-china-hog-futures-surge-to-one-month-high-on-mounting-asf-fear-fastmarkets.md) | -2.3% | -2.3% |

## Sources

- nationalhogfarmer.com: https://www.nationalhogfarmer.com/market-news/manage-risks-and-opportunities-in-current-hog-market

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