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[pmillen]

China has more than half of the world’s hogs.  They’re the primary livestock there.  (Think about that—they have more hogs than the rest of the world combined.)  African swine fever recently killed half of China’s hogs, ¼th of the world’s supply.

Diseases move rapidly around the globe.  North American pork producers are trying to prepare for the swine fever’s arrival.  Let’s hope that the spread is stopped.

BTW, China is flooded with counterfeit African swine fever vaccine.  Some people don’t care about the consequences.

[Canadian John]

 Gee, thanks Paul. Just the kind of news I wish didn't exist..Should we be thinking alternate ribs?

[Kristin Meredith]

May be time to stock up on pork.  But the death of that many hogs means corn and soybean consumption will be massively affected, I presume.

[pmillen]

But the death of that many hogs means corn and soybean consumption will be massively affected, I presume.

I hadn't thought of that.  You are probably right.  China buys a lot of our grain to feed hogs.  They won't need as much grain with half of their livestock dead.

[Bar-B-Lew]

But the death of that many hogs means corn and soybean consumption will be massively affected, I presume.

I hadn't thought of that.  You are probably right.  China buys a lot of our grain to feed hogs.  They won't need as much grain with half of their livestock dead.

Coincidence?

[Darwin]

They are buying more grains and soy from Brazil and Russia due to tariffs. 

[Kristin Meredith]

They are buying more grains and soy from Brazil and Russia due to tariffs.

Yeah, but it is not like Brazil could meet their needs and all their other clients.  So some of those Brazil customers probably come to us.  Stuff just shifts around.

[ZCZ]

We actually had a large shipment of soybeans to China in last week's report.  May have been from previous commitments but a sizable shipment non the less.  US has the cheapest beans on the market right now.

https://apps.fas.usda.gov/export-sales/highlite.htm

Z

[Bentley]

I thought the majority of US was used for oil, but I guess the by-product of that is feed meal, so will be interesting to see...

[Clonesmoker]

Funny about the amount of hogs China supposedly raises. Just north of where I live, they opened a 12,000 hog per day processing plant last fall. It takes hogs from 30 surrounding counties and 40-50% of the meat was supposed to go to China.

[Bentley]

That's hard to comprehend, 500 an hour assume it is a 24 processing plant.  As always, Check my math...that is 8 hogs a minute?  WOW...

[ZCZ]

From this morning's USDA export sales highlights for Soybeans:

"For 2019/2020, net sales of 788,400 MT primarily for unknown destinations (409,000 MT), Mexico (102,000 MT), Egypt (72,000 MT), Vietnam (69,300 MT), and Bangladesh (57,000 MT), were partially offset by reductions for Malaysia (4,400 MT) and Peru (2,300 MT).  Exports of 1,196,500 MT were up 37 percent from the previous week and 18 percent from the prior 4-week average.  The destinations were primarily to China (780,400 MT), Indonesia (147,900 MT), Mexico (72,400 MT), Pakistan (59,500 MT), and Colombia (38,600 MT)."

The trade was expecting between 50,000 - 700,000 so above expectations. 

[ZCZ]

Just a comment on the trade war: the company I work for has overseas manufacturing partners.  We are starting to move work from China to Vietnam and other places.  We are small potatoes but if this is happening on a larger scale then China will be losing a lot of work that they may never get back.
Al