African Swine Fever Is Moving Markets
John Phipps: Why ASF Outbreak Estimates in China Are Hogwash
Oct 07, 2019 by John Phipps
The estimates surrounding just how many hogs China has lost due to ASF vary widely. In John's World, John Phipps explains why accurately forecasting the ASF death toll in China is so tough.
ASF’s Impact on Global Pork Market is Underestimated
Oct 04, 2019 by Jennifer Shike
As ASF spreads beyond China’s borders and throughout Asia, the global implications of what is happening in the pork market are becoming clearer. But Rabobank says it’s still underestimated. Here's why.
Pork Trade Expands, Market Volatility Climbs
Oct 02, 2019 by Jennifer Shike
From feed costs and capacity disruptions, to trade flows and political disruptions, the already volatile U.S. animal protein markets continued to grow more volatile in the third quarter.
U.S. Poised for Pork Exports as ASF Impacts Vietnam and Philippines
Oct 01, 2019 by Brittany Bowman
Pork suppliers traveled to Vietnam and the Philippines to prepare for increased pork exports.
Hog Futures Hit Two-Month High
Oct 01, 2019 by Jennifer Shike
U.S. hog futures soared to a two-month high on Monday on technical buying and the potential to sell more pork to China.
ASF’s Impact on Protein Demand in China Could Have Long Tail
Oct 01, 2019 by Tyne Morgan
The pork industry continues to grapple with the impact of African Swine Fever. From supply to demand, it's an outbreak that could have a lasting effect.
ASF Offers Opportunities for Pork Exports
Sep 23, 2019 by Portia Stewart
As all eyes focus on African swine fever’s deliberate spread throughout Asia, what does this mean for U.S. pork producers?
ASF Takes A Toll
Sep 18, 2019 by Jennifer Shike
Rabobank expects up to a 50% loss in China’s pig herd.
ASF, Tariffs Make China A Double-Edged Sword
Sep 13, 2019 by Sonja Begemann
Farmers are keeping a close eye on not only the USDA World Agricultural Supply and Demand Estimates and Crop Production reports, but export trades being made in real-time, too.
African Swine Fever is Not Under Control, Suderman Says
Aug 16, 2019 by Jennifer Shike
Sources on the ground in China claim the losses are closer to 45% year-on-year.
Hog Futures Drop Despite China’s Big U.S. Pork Purchase
Aug 16, 2019 by Jennifer Shike
Chicago Mercantile Exchange hog futures dropped to a five-month low on Thursday. Traders said big supplies dashed any hope from the news that China made its biggest purchase of U.S. pork in seven weeks.
African Swine Fever Dampens Margins for Chinese Pork Giant WH Group
Aug 13, 2019 by Jennifer Shike
China’s WH Group reported a 16.9% drop in first-half profit on Tuesday as higher meat prices due to African swine fever dampen margins for the world’s top pork processor.
Rabobank Expects Up to 50% Loss in World’s Largest Pig Herd
Aug 06, 2019 by Jennifer Shike
African swine fever's not going away anytime soon. Roughly a quarter of the world’s pigs have now perished, Rabobank senior protein analyst Christine McCracken told Clinton Griffiths Tuesday on AgriTalk.
Tyson Foods Reports No Major Financial Gains from ASF Yet
Aug 05, 2019 by Jennifer Shike
Tyson Foods Inc projected in May that it’s pork, chicken and beef units could all benefit late in fiscal year 2019 from increased meat demand from China, but the company said on Monday that it has not happened yet.
Weather, Trade War and ASF Ahead: ADM Profits Drop Over 40%
Aug 01, 2019 by Jennifer Shike
Archer Daniels Midland Company announced a 41.3% drop in second-quarter adjusted profit on Thursday.
Analysts Cite Recession, ASF, Trade War As Potential Black Swans
Jul 19, 2019 by Anna-Lisa Laca
Chip Nellinger of Blue Reef AgriMarketing and Bob Utterback of Utterback Marketing say global recession, African Swine Fever (ASF) and a quickly resolved trade war could be black swans in 2019.
Cargill Closing Feed Mills in China Due to ASF
Jul 17, 2019 by Clinton Griffiths
Cargill announcing it is closing animal-feed mills in China in recent months and that's partly due to the spread of ASF which has reduced demand.
China's Pork Output Falls, Smaller Drop Than Expected
Jul 15, 2019 by Jennifer Shike
China’s pork output fell, but by less than expected in the first half of 2019 as China tackles the deadly African swine fever virus.
Cargill Closes Feed Mills in China Due to African Swine Fever
Jul 15, 2019 by Jennifer Shike
The devastating spread of African swine fever is causing some animal-feed mills to close in China.
African Swine Fever Outbreak Pays Big for Some Crop Leaders
Jul 08, 2019 by Jennifer Shike
Which agricultural commodity traders will benefit from African swine fever's impact on the markets? Take a look at where the company's assets are located, experts say.
ASF Zoning Agreement to Keep Trade Moving Between Canada and EU
Jul 08, 2019 by Jennifer Shike
An African swine fever zoning arrangement will allow Canada and the EU to keep trade moving in the event of an ASF outbreak.
Cold Chain Service to Expand in China
Jun 25, 2019 by Jennifer Shike
Japanese trading company Marubeni announced it is embarking on a joint venture with Chinese logistics startup G7 to lease refrigerated trailers to Chinese customers.
China’s Pork Imports Surge
Jun 24, 2019 by Jennifer Shike
China is stocking up on pork supplies ahead of an anticipated shortage according to customs data released on Sunday.
African Swine Fever Premiums All But Vanish From Hog Futures
Jun 19, 2019 by Bloomberg
Earlier this year, the prospect of a gaping global protein hole caused by swine fever in China pushed hog futures to the highest in five years.
High Hog Prices and Trailing Pork Prices Compress Processor Margins
Jun 19, 2019 by Jennifer Shike
Pork exports are expected to increase more than 7% next year, according to the latest USDA report.
Trade To Mexico and Canada Opens: Breakthrough For U.S. Meat Industry
May 20, 2019 by Jennifer Shike
Mexico and Canada lift retaliatory duties on U.S. red meat on May 20, a tremendous opportunity for U.S. pork and beef producers.
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.
