African Swine Fever has spread to every province in mainland China and is estimated to affect 150 to 200 million pigs. USDA warned it will be a game changer for the oilseed complex, projecting a possible 42 million ton drop in China's soybean import demand through 2019/20.
Sharply lower hog feed demand in China cuts soybean and soybean meal import needs, which is bearish for soybean and meal prices and weighs on global oilseed balances.
在过去 50 次看跌的疫病事件之后,大豆 在 5 个交易日内中位数变动 +0.5%(58% 上涨;中间一半区间为 -1.7% 至 +2.4%),20 个交易日内为 +0.0%。
在过去 167 次看跌的疫病事件之后,豆粕 在 5 个交易日内中位数变动 -0.6%(40% 上涨;中间一半区间为 -1.8% 至 +1.4%),20 个交易日内为 -0.8%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件;仅描述已发生的情况,不代表未来走势。不构成投资建议。
USDA's warning of a large drop in China's soybean import demand from ASF is bearish for the oilseed complex.