# Traditional meat having a banner year

> Meat producers have rallied as African swine fever has wiped out a large share of Asian pig herds, creating a protein shortage. Demand for imported pork, chicken and beef has surged, and US ham prices are near seasonal records on overseas buying. Chinese buyers are showing strong interest in US chicken after a multiyear ban ended.

- Date: 2019-12-17 · published 2019-12-17T12:00:00.000Z
- Category: disease · region Asia · magnitude medium
- Page: https://feedsoft.ai/events/6401-traditional-meat-having-a-banner-year
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Lost Asian pork supply is pushing import demand for pork, chicken and beef higher, which supports US meat prices for a period expected to last into 2020.

## Read by commodity

- HOGS: bullish ▲
- CHICKEN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2019-08-27 | [Rabobank: ASF impacts becoming clear \| 2019-08-27  \| MEAT+POULTRY](https://feedsoft.ai/events/57474-rabobank-asf-impacts-becoming-clear-2019-08-27-meat-poultry.md) | -1.6% | -10.7% |
| HOGS | 2019-09-25 | [Chinese demand pushing meat prices higher \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/57213-chinese-demand-pushing-meat-prices-higher-iowa-agribusiness-radio-network.md) | +2.5% | +9.0% |
| HOGS | 2018-10-24 | [African swine fever, trade war pain points for China \| 2018-10-24  \| MEAT+POULTRY](https://feedsoft.ai/events/62546-african-swine-fever-trade-war-pain-points-for-china-2018-10-24-meat-poultry.md) | +3.1% | -0.5% |
| HOGS | 2019-10-02 | [ASF outside China has global implications \| 2019-10-02  \| MEAT+POULTRY](https://feedsoft.ai/events/56456-asf-outside-china-has-global-implications-2019-10-02-meat-poultry.md) | +0.1% | +3.6% |
| HOGS | 2019-10-03 | [Rabobank: ASF to affect markets, flow for 3-5 years](https://feedsoft.ai/events/56564-rabobank-asf-to-affect-markets-flow-for-3-5-years.md) | +1.4% | +4.6% |

## Sources

- farmprogress.com: https://www.farmprogress.com/business/traditional-meat-having-a-banner-year

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