A Deadly Pig Disease Is Reshaping Global Soybean Markets
- Impact of African swine fever ‘is not a 2019 event:’ Andersons
- Analysts expect herd rebuilding to take three to five years
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Forget Donald Trump’s trade war. It’s a deadly pig disease spreading through China that will really reshape the global soybean market for years to come.
Getting rid of the disease and rebuilding the herd in a nation that consumes half the world’s pork will take three to five years, curbing demand for soybeans used in feed, according to analysts.