African Swine Fever Is Moving Markets

African Swine Fever is having major implications on hog markets and soybean markets. ( Farm Journal )


McDonald's CEO Says African Swine Fever's Pushing Up Pork Prices
May 29, 2019 by Jennifer Shike
ASF is pushing up the price of pork. McDonald’s is forecasting that U.S. commodity costs will increase by 2% to 3% in 2019.

U.S. Hog Futures React to U.S.-China Trade Tensions
May 08, 2019 by Jennifer Shike
U.S. lean hog futures touched their lowest prices in nearly two months on Tuesday on the heels of concerns over elevated trade tensions between the U.S. and China.

Large Swine Herd Losses in China Pressure Protein Industry
May 08, 2019 by Jennifer Shike
The world is entering unprecedented times in protein production, Phibro CEO says.

China’s Love of Pork May Not Be Enough
May 06, 2019 by Jennifer Shike
There’s no denying Chinese consumers will still demand pork, but experts expect consumers to substitute other animal proteins for pork as prices climb due to shortages caused by the ASF outbreak.

Argentina Approved to Export Pork to China; U.S. Pork Trade Suffers
Apr 30, 2019 by Jennifer Shike
In a new deal with China, Argentina will now be able to export pork to the world’s largest consumer of pork from 25 of Argentina’s meat-packing plants.

China’s Largest Pig and Poultry Producer in the Red, Plans to Expand
Apr 24, 2019 by Jennifer Shike
China's largest pig and poultry producer, Wens Foodstuff Group, recorded a loss for the first quarter of 2019.

African Swine Fever Losses Cause Export Challenges, Opportunities
Apr 12, 2019 by Jennifer Shike
Production losses from African swine fever (ASF) have eclipsed initial estimates, creating new challenges and opportunities for animal protein exporters.  

It’s A Good Time To Have Lots of Pork, Says Iowa State Economist
Apr 11, 2019 by Jennifer Shike
Rumors that Chinese company COFCO is purchasing U.S. pork are true. USDA-Foreign Agricultural Service reports net sales of 90,700 metric tons (MT) of pork for the period of March 29 to April 4, 2019.

China’s Pork Imports to Double in 2019, Rabobank Analyst Predicts
Mar 21, 2019 by Jennifer Shike
China’s pork imports are set to double from last year to 2 million metric tons in 2019, a Rabobank analyst said on Thursday, as African swine fever (ASF) sweeps through China.

China Makes First Major U.S. Pork Purchase in Two Years
Mar 15, 2019 by Sara Brown
China made its largest purchase of U.S. pork in nearly two years last week, according to USDA data released Thursday. Chinese hog prices continue to climb as the country an outbreak of African swine fever (ASF).

A Pig-Breeding Shift in China Spurs a Rally in Hog Futures in the U.S.
Mar 12, 2019 by Bloomberg
China, the world’s biggest consumer of pork, appears poised to boost imports, lifting U.S. hog futures from the doldrums.

Shares Soar for China’s Leading Pork Producers
Mar 01, 2019 by Jennifer Shike
Investors are betting on tight pork supplies and strong government support for China’s leading pork producers, causing shares to soar to record levels despite one of the worst disease outbreaks in years.

ASF Could Slow Pork Consumption in China, but Impact Likely Temporary
Feb 19, 2019 by USMEF
While China has seen some decline in consumer demand for pork, this is likely temporary, given that pork is such a longstanding and important staple of the Chinese diet. Does that leave opportunity for the U.S.?

China’s Pork Output Drops in 2018
Jan 21, 2019 by Jennifer Shike
China’s pork output fell less than 1% in 2018 from the previous year, surprising many who had expected an increase as farmers liquidated their herds due to the African swine fever (ASF) outbreak.

African Swine Fever Slashes China’s 2018 Pork Profit Estimates 
Jan 08, 2019 by Jennifer Shike
Major pig producers sharply cut 2018 profit estimates on Monday, after African swine fever (ASF) devastated prices and demand for pork in the world’s largest hog producer in the second half of the year.

China’s Pork Imports Down Due to Domestic Market and Trade Trouble 
Dec 31, 2018 by Jennifer Shike
China's pork imports through November 2018 were down from a year earlier, but according to Dim Sums: Rural China Economics and Policy, the African swine fever epidemic has not affected its pork trade yet. 

Do Pork Imports to China Reflect Market Needs or Politics?
Dec 20, 2018 by Jennifer Shike
How will the current trade truce between the U.S. and China will impact pork trade for the next few months?

Pork Prices Expected to Rise in China in 2019
Dec 17, 2018 by Jennifer Shike
China’s pork prices are likely to climb next year due to the tight supply from the continuing spread of African swine fever in China.

Hog Futures Respond to News of U.S. Pork Sales to China
Nov 30, 2018 by Jennifer Shike
U.S. lean hog futures jumped more than 4% Thursday after USDA’s weekly export sales report showed China placed its largest order last week for American pork since February.

China Loads Up on U.S. Pork Despite Trade Tariffs
Nov 30, 2018 by Jennifer Shike
As African swine fever continues to ravage the Chinese hog supply, China is buying more U.S. pork despite the import tariffs imposed due to the trade war.

Will U.S. Pork Benefit from China’s ASF-Induced Supply Issues?
Oct 25, 2018 by Sara Brown
With more than 10 Chinese providences reporting cases of African Swine Fever, a new report says this event could change the balance in the global protein sector.

Could China’s ASF Problem Put Pressure on Soybean Trade?
Sep 20, 2018 by Sara Brown
Disease concerns oversees might help raise pork prices, but could it affect will it have on soybean sales? Farmers weigh in on the issue during AgriTalk.

China Faces Negative Market Impacts from African Swine Fever Outbreak
Aug 08, 2018 by Sara Brown
More than 8,000 hogs have been culled so far, as China continues emergency inspections at pig farms and livestock markets to control the country’s first case of African swine fever.