Hog prices slip as China eases tariffs on US pork - CME

After 78 past bullish trade events, Live Cattle moved a median +0.1% over 5 sessions (51% higher; middle half -1.1% to +1.2%), and +0.5% over 20.

• Nov 11, 2022CME cattle futures firm; hog futures ease | The Beef Site+0.1%
• Dec 13, 2019CME hog, cattle futures climb on U.S-China trade news+0.8%
• Jan 20, 2026US lean beef trimmings import prices rise on China demand, tight supply+1.3%
• Feb 6, 2020How Chinese tariffs on U.S. imports will stand after February 14 cuts-1.2%
• Aug 13, 2020CME update: cattle futures gain ground as slaughter rates and exports rise | The Cattle Site+2.4%

After 123 past bearish trade events, Lean Hogs moved a median -0.4% over 5 sessions (43% higher; middle half -2.9% to +2.0%), and -0.2% over 20.

• Apr 3, 2018More CME hog losses as China pork tariff hike remains-2.7%
• May 1, 2025China cancels U.S. pork shipments after tariffs raise prices-0.1%
• Aug 23, 2019China to impose extra tariffs on U.S. soy, beef and pork-1.5%
• Dec 19, 2025Pig outlook: Lean hog futures prices trending up | The Pig Site+0.5%
• Apr 2, 2026Weekly pig outlook: Lean hog futures prices decrease | The Pig Site-0.3%