# More CME hog losses as China pork tariff hike remains

> CME live cattle fell for a third straight session on weak wholesale beef demand, lower cash prices and higher supply expectations. Fund liquidation added pressure, and feeder cattle contracts fell with them.

- Date: 2018-04-03 · published 2018-04-03T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/11972-more-cme-hog-losses-as-china-pork-tariff-hike-remains
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Fund selling and weaker cash cattle prices push futures lower, which reduces cattle values and feedlot demand for feed.

## Read by commodity

- HOGS: bearish ▼
- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| FCATTLE | 2018-04-03 | 1 | +3.0% | 3.5 | Same-day report of live cattle falling a third straight session on weak beef demand, lower cash prices, supply expectations and fund liquidation, dragging feeder futures. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2025-02-27 | [Hogs Posting Losses on Tariff Concerns](https://feedsoft.ai/events/10623-hogs-posting-losses-on-tariff-concerns.md) | -1.7% | -0.4% |
| HOGS | 2025-04-04 | [CME cattle, hogs dive by daily limits as China tariffs fuel sell-offs](https://feedsoft.ai/events/25256-cme-cattle-hogs-dive-by-daily-limits-as-china-tariffs-fuel-sell-offs.md) | -1.3% | +3.9% |
| HOGS | 2025-05-01 | [China cancels U.S. pork shipments after tariffs raise prices](https://feedsoft.ai/events/25255-china-cancels-u-s-pork-shipments-after-tariffs-raise-prices.md) | -0.1% | +6.8% |
| HOGS | 2020-11-11 | [U.S. Hog Futures React to U.S.-China Trade Tensions - Pork Business](https://feedsoft.ai/events/50299-u-s-hog-futures-react-to-u-s-china-trade-tensions-pork-business.md) | -0.6% | -3.0% |
| FCATTLE | 2025-04-04 | [CME cattle, hogs dive by daily limits as China tariffs fuel sell-offs](https://feedsoft.ai/events/25256-cme-cattle-hogs-dive-by-daily-limits-as-china-tariffs-fuel-sell-offs.md) | -0.9% | +3.3% |
| FCATTLE | 2025-05-01 | [Cattle markets react to China’s retaliatory tariffs](https://feedsoft.ai/events/25272-cattle-markets-react-to-china-s-retaliatory-tariffs.md) | +0.6% | +2.5% |
| FCATTLE | 2025-11-03 | [Cattle markets react to proposed tariff changes](https://feedsoft.ai/events/7813-cattle-markets-react-to-proposed-tariff-changes.md) | -3.7% | -5.3% |

## Sources

- grainews.ca: https://www.grainews.ca/daily/u-s-livestock-more-cme-hog-losses-on-china-pork-tariff-hike/
- reuters.com: https://www.reuters.com/article/usa-livestock/livestock-more-cme-hog-losses-as-china-pork-tariff-hike-remains-idUSL2N1RG29L/

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