# Lean hog futures ease on China demand worries | Reuters

> CME lean hog futures for August delivery slipped on July 2 as traders priced in weaker Chinese demand. China, the world's largest pork consumer, is rebuilding its hog herd after African swine fever, and falling import demand and hog prices there suggest that recovery is progressing.

- Date: 2021-07-02 · published 2021-07-02T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/46231-lean-hog-futures-ease-on-china-demand-worries-reuters
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Lower Chinese import demand reduces the outlook for US pork exports, which weighs on US hog prices.

## Read by commodity

- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2020-06-02 | [Lean hog futures end lower on U.S.-China trade worries](https://feedsoft.ai/events/52771-lean-hog-futures-end-lower-on-u-s-china-trade-worries.md) | -11.2% | -18.2% |
| HOGS | 2018-04-02 | [China’s action trips up lean hog futures](https://feedsoft.ai/events/65663-china-s-action-trips-up-lean-hog-futures.md) | -6.4% | +10.9% |
| HOGS | 2026-04-02 | [Weekly pig outlook: Lean hog futures prices decrease
						 \| The Pig Site](https://feedsoft.ai/events/19871-weekly-pig-outlook-lean-hog-futures-prices-decrease-the-pig-site.md) | -0.3% | +3.1% |
| HOGS | 2022-03-25 | [China's hog farmers face long slog in return to profit \| Reuters](https://feedsoft.ai/events/42289-china-s-hog-farmers-face-long-slog-in-return-to-profit-reuters.md) | +0.3% | +4.7% |
| HOGS | 2022-01-22 | [Hayes: China pork demand eases \| Department of Economics](https://feedsoft.ai/events/43292-hayes-china-pork-demand-eases-department-of-economics.md) | +2.6% | +22.5% |

## Sources

- reuters.com: https://www.reuters.com/article/business/lean-hog-futures-ease-on-china-demand-worries-idUSL2N2OE2LT/

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