# Pig outlook—June 20: Lean hog futures bears may be exhausted
						 | The Pig Site

> Lean hog futures rebounded from a June spike low, with the CME lean hog index down 71 cents to $90.73 as of June 14. China may impose provisional anti-dumping measures on EU pork imports, and its pork imports fell sharply in May.

- Date: 2024-06-20 · published 2024-06-20T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/29922-pig-outlook-june-20-lean-hog-futures-bears-may-be-exhausted-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Possible Chinese duties on EU pork could divert trade flows and affect global pork prices, while weaker Chinese imports reduce global demand.

## Read by commodity

- HOGS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2019-09-25 | [Improved exports critical to positive North American hog prices
						 \| The Pig Site](https://feedsoft.ai/events/57224-improved-exports-critical-to-positive-north-american-hog-prices-the-pig-site.md) | +2.5% | +9.0% |
| HOGS | 2017-03-29 | [Hog Futures Staged for Defensive Opening at Midweek](https://feedsoft.ai/events/72146-hog-futures-staged-for-defensive-opening-at-midweek.md) | -2.9% | -5.1% |
| HOGS | 2022-12-02 | [Weekly global protein digest: HPAI, global dairy market update, Japan-US beef trade
						 \| The Cattle Site](https://feedsoft.ai/events/38174-weekly-global-protein-digest-hpai-global-dairy-market-update-japan-us-beef.md) | -0.5% | +2.2% |
| HOGS | 2024-05-07 | [Robust Exports Helped Lift Pork Prices in Q1, Will that Hold in the Spring and Summer? - Swineweb.com - Complete Swine News, Markets, Commentary, and Technical Info](https://feedsoft.ai/events/30398-robust-exports-helped-lift-pork-prices-in-q1-will-that-hold-in-the-spring-and.md) | -0.3% | +1.6% |
| HOGS | 2026-07-03 | [Weekly protein report: Dry dairy prices slip as demand stays uneven
						 \| The Dairy Site](https://feedsoft.ai/events/8575-weekly-protein-report-dry-dairy-prices-slip-as-demand-stays-uneven-the-dairy.md) | +1.0% | +5.6% |

## Sources

- thepigsite.com: https://www.thepigsite.com/articles/pig-outlook-june-20-lean-hog-futures-bears-may-be-exhausted

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