# Pork fundamentals changing fast

> Hurricane Florence shut Smithfield Foods' slaughter operations for nearly two weeks, lifting cash hog prices by $11 per hundredweight in one week. The article also flags NAFTA talks with Canada and African swine fever in China as longer-term hog market drivers.

- Date: 2018-09-24 · published 2018-09-24T12:00:00.000Z
- Category: disease · region US · magnitude medium
- Page: https://feedsoft.ai/events/63177-pork-fundamentals-changing-fast
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lost U.S. slaughter capacity supports hog prices in the near term, while ASF in China could lift pork import demand and push up feed-related demand for grain and meal over time.

## Read by commodity

- CORN: neutral
- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2018-11-29 | [China mulls stockpiling pork to support farmers hit by swine fever](https://feedsoft.ai/events/62040-china-mulls-stockpiling-pork-to-support-farmers-hit-by-swine-fever.md) | -1.2% | +0.3% |
| HOGS | 2019-05-07 | [Chinese crisis hits pork supply](https://feedsoft.ai/events/59234-chinese-crisis-hits-pork-supply.md) | +0.7% | -1.7% |
| HOGS | 2019-04-17 | [China warns of soaring pork prices as virus curbs output](https://feedsoft.ai/events/7158-china-warns-of-soaring-pork-prices-as-virus-curbs-output.md) | +1.3% | -1.0% |
| HOGS | 2021-02-16 | [Jim Long Pork Commentary: US market continues to strengthen
						 \| The Pig Site](https://feedsoft.ai/events/4616-jim-long-pork-commentary-us-market-continues-to-strengthen-the-pig-site.md) | +8.9% | +19.4% |
| HOGS | 2019-03-22 | [China's pork imports seen doubling in 2019 on swine fever impact - Grainews](https://feedsoft.ai/events/60095-china-s-pork-imports-seen-doubling-in-2019-on-swine-fever-impact-grainews.md) | +6.9% | +20.0% |
| CORN | 2019-07-26 | [China's duck farmers cash in as disease slashes pork output](https://feedsoft.ai/events/58086-china-s-duck-farmers-cash-in-as-disease-slashes-pork-output.md) | -2.2% | -10.6% |
| CORN | 2023-04-04 | [W13: Weekly Pork Update](https://feedsoft.ai/events/36389-w13-weekly-pork-update.md) | -0.9% | -3.2% |
| CORN | 2024-10-01 | [Shoppers should prepare for ‘continuing changes’ in egg prices \| Cornell Chronicle](https://feedsoft.ai/events/27867-shoppers-should-prepare-for-continuing-changes-in-egg-prices-cornell-chronicle.md) | +0.2% | -2.4% |

## Sources

- nationalhogfarmer.com: https://www.nationalhogfarmer.com/pork-market-news/pork-fundamentals-changing-fast

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