# Hog prices slip as China eases tariffs on US pork - CME
						 | The Pig Site

> CME live cattle futures closed higher on tight US cattle supplies and firm beef values after steep late-October declines. Hog futures settled lower, with December lean hogs dropping below their 200-day moving average, and the headline cites China easing tariffs on US pork.

- Date: 2025-11-04 · published 2025-11-04T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/22095-hog-prices-slip-as-china-eases-tariffs-on-us-pork-cme-the-pig-site
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Tight cattle supplies support cattle prices, while China's tariff easing on US pork could help export demand for hogs, though the hog market was still weak.

## Read by commodity

- HOGS: bearish ▼
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2022-11-11 | [CME cattle futures firm; hog futures ease
						 \| The Beef Site](https://feedsoft.ai/events/38814-cme-cattle-futures-firm-hog-futures-ease-the-beef-site.md) | +0.1% | +1.6% |
| LCATTLE | 2019-12-13 | [CME hog, cattle futures climb on U.S-China trade news](https://feedsoft.ai/events/6399-cme-hog-cattle-futures-climb-on-u-s-china-trade-news.md) | +0.8% | +4.9% |
| LCATTLE | 2026-01-20 | [US lean beef trimmings import prices rise on China demand, tight supply](https://feedsoft.ai/events/21181-us-lean-beef-trimmings-import-prices-rise-on-china-demand-tight-supply.md) | +1.3% | +5.2% |
| LCATTLE | 2020-02-06 | [How Chinese tariffs on U.S. imports will stand after February 14 cuts](https://feedsoft.ai/events/54475-how-chinese-tariffs-on-u-s-imports-will-stand-after-february-14-cuts.md) | -1.2% | -6.9% |
| LCATTLE | 2020-08-13 | [CME update: cattle futures gain ground as slaughter rates and exports rise
						 \| The Cattle Site](https://feedsoft.ai/events/51744-cme-update-cattle-futures-gain-ground-as-slaughter-rates-and-exports-rise-the.md) | +2.4% | +0.1% |
| 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 | 2025-05-01 | [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 | 2019-08-23 | [China to impose extra tariffs on U.S. soy, beef and pork](https://feedsoft.ai/events/57438-china-to-impose-extra-tariffs-on-u-s-soy-beef-and-pork.md) | -1.5% | -11.2% |

## Sources

- thepigsite.com: https://www.thepigsite.com/news/2025/11/tight-us-supply-lifts-cattle-futures-after-sharp-losses-cme

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