# ASF outbreaks in China: Effect on feed ingredients - Food & Agribusiness

> African swine fever has been reported in four Chinese provinces (Liaoning, Henan, Jiangsu and Zhejiang) since August 1. Chinese soybean futures fell as much as 1.8% to their lowest in nearly 10 years, and rapeseed meal futures dropped 3.2%, amid already weak demand from a record US crop forecast.

- Date: 2018-08-29 · published 2018-08-29T12:00:00.000Z
- Category: disease · region China · magnitude high
- Page: https://feedsoft.ai/events/63652-asf-outbreaks-in-china-effect-on-feed-ingredients-food-and-agribusiness
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

ASF threatens Chinese hog herds and therefore reduces demand for soybean meal and rapeseed meal used in pig feed. Lower hog numbers would weigh on meal demand and push Chinese meal prices down, with knock-on pressure on global protein meal markets.

## Read by commodity

- SBM: bearish ▼
- HOGS: bearish ▼
- CANMEAL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2019-05-15 | [US-China dispute and effects of ASF on feed - Food & Agribusiness](https://feedsoft.ai/events/59077-us-china-dispute-and-effects-of-asf-on-feed-food-and-agribusiness.md) | +0.4% | +8.7% |
| SBM | 2021-06-21 | [Swine Fever Variants Lead to Mass Outbreaks Across China - Caixin Global](https://feedsoft.ai/events/46447-swine-fever-variants-lead-to-mass-outbreaks-across-china-caixin-global.md) | -5.5% | -2.2% |
| SBM | 2019-06-06 | [China’s African swine fever outbreak is unprecedented \| Vox](https://feedsoft.ai/events/58463-china-s-african-swine-fever-outbreak-is-unprecedented-vox.md) | +0.6% | -3.7% |
| SBM | 2020-03-04 | [Coronavirus complicates ASF situation in China \| Feed Strategy](https://feedsoft.ai/events/54125-coronavirus-complicates-asf-situation-in-china-feed-strategy.md) | -2.6% | +5.8% |
| SBM | 2018-11-27 | [Crop drop: China swine fever outbreak to curb its soybean imports](https://feedsoft.ai/events/62036-crop-drop-china-swine-fever-outbreak-to-curb-its-soybean-imports.md) | +3.0% | +0.1% |
| HOGS | 2021-06-21 | [Swine Fever Variants Lead to Mass Outbreaks Across China - Caixin Global](https://feedsoft.ai/events/46447-swine-fever-variants-lead-to-mass-outbreaks-across-china-caixin-global.md) | -5.4% | -3.6% |
| HOGS | 2019-10-10 | [Consumers shifted to chicken in mid-Sept. amid ASF outbreak, growers say – BusinessWorld Online](https://feedsoft.ai/events/56710-consumers-shifted-to-chicken-in-mid-sept-amid-asf-outbreak-growers-say.md) | +7.4% | +1.6% |
| HOGS | 2018-09-17 | [China's pig fever outbreak a boon for chicken farmers](https://feedsoft.ai/events/62911-china-s-pig-fever-outbreak-a-boon-for-chicken-farmers.md) | +8.7% | +22.3% |

## Sources

- foodagribusiness.world: https://www.foodagribusiness.world/feed/asf-outbreaks-in-china-effect-on-feed-ingredients

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