# U.S. livestock: Lean hog futures fall on domestic, export demand uncertainty - AgCanada

> CME lean hog futures fell to two-month lows on December 30, 2024, with February contracts settling down 2.525 cents at 81.625 cents per pound. Cattle futures also weakened on post-holiday demand concerns, and analysts cited uncertainty over China's pork demand and possible US tariffs on Chinese goods.

- Date: 2024-12-30 · published 2024-12-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/27095-u-s-livestock-lean-hog-futures-fall-on-domestic-export-demand-uncertainty
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Softer hog and cattle futures signal weaker expected domestic and export demand for meat, which tends to reduce the value of feed grains used in livestock rations. Uncertainty over China and tariffs adds downside risk to feed demand.

## Read by commodity

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

## Sources

- agcanada.com: https://www.agcanada.com/daily/u-s-livestock-lean-hog-futures-fall-on-domestic-export-demand-uncertainty

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