# African Swine Fever May Reduce China's Soybean Demand

> African swine fever cases in China have risen to 13 outbreaks, spanning northeast and east provinces, with the first case confirmed in Shenyang on Aug. 1. The disease has caused panic in the hog industry and among consumers.

- Date: 2018-09-11 · published 2018-09-11T12:00:00.000Z
- Category: disease · region China · magnitude high
- Page: https://feedsoft.ai/events/63016-african-swine-fever-may-reduce-china-s-soybean-demand
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Lower hog numbers from the disease would reduce feed demand and soybean meal imports into China, a bearish factor for soybeans and meal.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-11-01 | [Effects from African swine fever may  reduce China's soybean needs.](https://feedsoft.ai/events/62037-effects-from-african-swine-fever-may-reduce-china-s-soybean-needs.md) | +3.4% | +5.8% |
| SOY | 2020-02-03 | [Canola oil demand rising as African swine fever reduces China's soybean crush - RealAgriculture](https://feedsoft.ai/events/54566-canola-oil-demand-rising-as-african-swine-fever-reduces-china-s-soybean-crush.md) | +1.1% | +2.1% |
| SOY | 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) | -2.4% | -4.6% |
| SOY | 2018-08-27 | [China's soybean, soymeal futures fall on African swine fever worries](https://feedsoft.ai/events/63548-china-s-soybean-soymeal-futures-fall-on-african-swine-fever-worries.md) | -1.1% | -0.1% |
| SOY | 2021-03-10 | [Resurgence of African Swine Fever in China Threatens Global Grain Demand](https://feedsoft.ai/events/48100-resurgence-of-african-swine-fever-in-china-threatens-global-grain-demand.md) | -1.2% | -2.3% |
| SBM | 2018-11-01 | [Effects from African swine fever may  reduce China's soybean needs.](https://feedsoft.ai/events/62037-effects-from-african-swine-fever-may-reduce-china-s-soybean-needs.md) | +0.5% | +0.2% |
| SBM | 2020-02-03 | [Canola oil demand rising as African swine fever reduces China's soybean crush - RealAgriculture](https://feedsoft.ai/events/54566-canola-oil-demand-rising-as-african-swine-fever-reduces-china-s-soybean-crush.md) | -0.6% | +3.8% |
| 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

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2018/09/11/african-swine-fever-may-reduce

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