# China warns of soaring pork prices as virus curbs output

> Chinese authorities warned that pork prices could soar as the virus cuts output, with prices expected to jump 70% in the second half of the year. Hog prices initially fell as farmers could not move livestock to southern markets, creating a glut in northern areas.

- Date: 2019-04-17 · published 2019-04-17T12:00:00.000Z
- Category: disease · region China · magnitude high
- Page: https://feedsoft.ai/events/7158-china-warns-of-soaring-pork-prices-as-virus-curbs-output
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Expected Chinese pork shortages would raise import demand and support global pork and hog prices.

## Read by commodity

- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2019-09-13 | [China pork prices soar as herds hit by fever, farm closures \| AP News](https://feedsoft.ai/events/57088-china-pork-prices-soar-as-herds-hit-by-fever-farm-closures-ap-news.md) | -2.4% | -0.3% |
| HOGS | 2020-02-11 | [China's coronavirus clampdown pushes pork prices towards record](https://feedsoft.ai/events/54564-china-s-coronavirus-clampdown-pushes-pork-prices-towards-record.md) | -2.2% | +6.1% |
| HOGS | 2019-10-25 | [China pork prices surge towards $8 a kilo as demand picks up](https://feedsoft.ai/events/56563-china-pork-prices-surge-towards-8-a-kilo-as-demand-picks-up.md) | -0.9% | -5.7% |
| HOGS | 2019-08-20 | [China pig farmer profits soar after disease wipes out third of herd, boosts prices](https://feedsoft.ai/events/57565-china-pig-farmer-profits-soar-after-disease-wipes-out-third-of-herd-boosts.md) | -2.9% | -11.2% |
| HOGS | 2019-06-18 | [China pork prices rise as ASF depletes herd \| Feed Strategy](https://feedsoft.ai/events/58588-china-pork-prices-rise-as-asf-depletes-herd-feed-strategy.md) | -6.2% | -6.6% |

## Sources

- reuters.com: https://www.reuters.com/article/us-china-economy-output-pork/china-warns-of-soaring-pork-prices-as-virus-curbs-output-idUSKCN1RT0A5/

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