# China's vast pig market in lockdown as African swine fever spreads

> China's hog market is under lockdown restrictions as African swine fever spreads, with live hog prices in Liaoning falling to a level below profitability while prices in Zhejiang spiked 23% since early August. The north-south price gap has widened to as much as three times normal levels.

- Date: 2018-09-06 · published 2018-09-06T12:00:00.000Z
- Category: disease · region China · magnitude high
- Page: https://feedsoft.ai/events/63014-china-s-vast-pig-market-in-lockdown-as-african-swine-fever-spreads
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Culling and movement restrictions shrink China's hog herd and feed demand over time, which is bearish for soymeal and corn demand, while southern pork shortages raise prospects of imports and support hog prices.

## Read by commodity

- SBM: bearish ▼
- CORN: bearish ▼
- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2019-01-01 | [African Swine Fever in China: An Update](https://feedsoft.ai/events/60974-african-swine-fever-in-china-an-update.md) | +2.9% | -0.5% |
| HOGS | 2018-12-04 | [African Swine Fever, Structural Changes Disrupt China's Pork Market](https://feedsoft.ai/events/61544-african-swine-fever-structural-changes-disrupt-china-s-pork-market.md) | -3.1% | +1.7% |
| HOGS | 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) | +4.5% | +26.4% |
| HOGS | 2021-07-12 | [African Swine Fever Persists in Parts of China - UkrAgroConsult](https://feedsoft.ai/events/45951-african-swine-fever-persists-in-parts-of-china-ukragroconsult.md) | -1.0% | -0.3% |
| HOGS | 2019-11-25 | [African swine fever will influence 2020 global protein markets](https://feedsoft.ai/events/56002-african-swine-fever-will-influence-2020-global-protein-markets.md) | -2.8% | +6.8% |
| SBM | 2018-12-04 | [African Swine Fever, Structural Changes Disrupt China's Pork Market](https://feedsoft.ai/events/61544-african-swine-fever-structural-changes-disrupt-china-s-pork-market.md) | -1.0% | +0.2% |
| SBM | 2019-05-13 | [Bangkok Post - Vietnam culls 1.2m pigs as African swine fever spreads](https://feedsoft.ai/events/58964-bangkok-post-vietnam-culls-1-2m-pigs-as-african-swine-fever-spreads.md) | +3.6% | +10.3% |
| 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% |

## Sources

- reuters.com: https://www.reuters.com/article/us-china-swinefever-supplies/chinas-vast-pig-market-in-lockdown-as-african-swine-fever-spreads-idUSKCN1LM11R/

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