# Hogs Posting Losses on Tariff Concerns

> Lean hog futures fell $3.35 to $4.00 at midday on February 27 as tariff concerns returned. Trump said the Mexico and Canada tariffs would take effect the following Tuesday rather than being delayed to April 2, and reciprocal tariffs are set for April. Pork export bookings reached a three-week high, led by Mexico.

- Date: 2025-02-27 · published 2025-02-27T12:00:00.000Z
- Category: trade · region US · magnitude high
- Page: https://feedsoft.ai/events/10623-hogs-posting-losses-on-tariff-concerns
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Confirmed tariffs on Mexico and Canada threaten the largest US pork export market, pressuring hog futures unless export demand holds up.

## Read by commodity

- HOGS: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| HOGS | 2025-02-27 | 1 | -2.3% | -3.4 | Midday Feb 27 report of hogs down $3.35-$4.00 as tariff concerns returned and Trump confirmed the tariff start date, directly describing the day's selloff (sentiment/trade). |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2018-04-03 | [More CME hog losses as China pork tariff hike remains](https://feedsoft.ai/events/11972-more-cme-hog-losses-as-china-pork-tariff-hike-remains.md) | -2.7% | +15.6% |
| HOGS | 2025-02-27 | [Livestock Analysis \| Retaliatory tariff concerns sink hog futures - Pro Farmer](https://feedsoft.ai/events/10617-livestock-analysis-retaliatory-tariff-concerns-sink-hog-futures-pro-farmer.md) | -1.7% | -0.4% |
| HOGS | 2025-11-04 | [Hog prices slip as China eases tariffs on US pork - CME
						 \| The Pig Site](https://feedsoft.ai/events/22095-hog-prices-slip-as-china-eases-tariffs-on-us-pork-cme-the-pig-site.md) | +0.4% | -4.4% |
| HOGS | 2019-04-29 | [U.S. livestock: CME lean hogs drop on demand concerns, plentiful supplies - Manitoba Co-operator](https://feedsoft.ai/events/4627-u-s-livestock-cme-lean-hogs-drop-on-demand-concerns-plentiful-supplies-manitoba.md) | -1.3% | -0.1% |
| HOGS | 2025-02-28 | [Mexican Peso plunges as Trump confirms March tariffs, Peso faces weekly losses](https://feedsoft.ai/events/26262-mexican-peso-plunges-as-trump-confirms-march-tariffs-peso-faces-weekly-losses.md) | +1.6% | +1.6% |

## Sources

- tradingview.com: https://www.tradingview.com/news/barchart:aba3d8358094b:0-hogs-posting-losses-on-tariff-concerns/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.