# Pork Prices Set To Plunge As Chinese Demand Evaporates

> August lean hog futures recently traded near $1.16 per pound, the highest since mid-2014. Analysts expect US pork exports to China to dry up, leaving excess supply without a buyer at current high prices.

- Date: 2021-05-31 · published 2021-05-31T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/47250-pork-prices-set-to-plunge-as-chinese-demand-evaporates
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Losing a major export outlet would leave more pork domestically, pressuring cutout values and hog futures from their highs.

## Read by commodity

- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2018-11-13 | [Trump's trade war plunging demand for chicken as cheap pork fills the shelves
						 \| The Poultry Site](https://feedsoft.ai/events/62197-trump-s-trade-war-plunging-demand-for-chicken-as-cheap-pork-fills-the-shelves.md) | +2.5% | -4.5% |
| HOGS | 2019-02-22 | [Oversupply to change pork prices \| farmnewsNOW](https://feedsoft.ai/events/60736-oversupply-to-change-pork-prices-farmnewsnow.md) | -1.1% | +25.0% |
| HOGS | 2025-11-04 | [Hog prices slip as China eases tariffs on US pork - CME
						 \| The Pig Site](https://feedsoft.ai/events/22095-hog-prices-slip-as-china-eases-tariffs-on-us-pork-cme-the-pig-site.md) | +0.4% | -4.4% |
| 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% |
| 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% |

## Sources

- forbes.com: https://www.forbes.com/sites/simonconstable/2021/05/31/pork-prices-set-to-plunge-as-chinese-demand-to-evaporate/

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