# Rising pork demand drives US hog prices to highest since 2014 | Air Freight News

> US hog prices reached their highest since 2014 as the Philippines ended a pork price ceiling and announced reduced import tariffs. Lean hog futures rose as much as 2.3% to 108 cents per pound, with year-to-date gains above 50%.

- Date: 2021-04-08 · published 2021-04-08T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/47754-rising-pork-demand-drives-us-hog-prices-to-highest-since-2014-air-freight-news
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Lower Philippine tariffs expand access for US pork exports, adding demand to a tight US supply. This supports hog prices and strengthens the case for higher hog-side input costs.

## Read by commodity

- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2026-03-18 | [Export demand expected to push U.S. pork prices higher](https://feedsoft.ai/events/20322-export-demand-expected-to-push-u-s-pork-prices-higher.md) | -1.8% | -2.6% |
| HOGS | 2019-04-15 | [Export demand is driving hog prices](https://feedsoft.ai/events/7152-export-demand-is-driving-hog-prices.md) | +8.5% | +5.4% |
| HOGS | 2017-05-10 | [Pork Demand Fuels Dramatic Improvement in Cash Hog Prices
						 \| The Pig Site](https://feedsoft.ai/events/71169-pork-demand-fuels-dramatic-improvement-in-cash-hog-prices-the-pig-site.md) | +10.1% | +15.8% |
| HOGS | 2020-12-01 | [CME update: lean hog futures get a boost on strong pork demand
						 \| The Pig Site](https://feedsoft.ai/events/49795-cme-update-lean-hog-futures-get-a-boost-on-strong-pork-demand-the-pig-site.md) | -2.9% | -3.6% |
| HOGS | 2017-09-26 | [Livestock analyst bullish on pork demand - Brownfield Ag News](https://feedsoft.ai/events/69096-livestock-analyst-bullish-on-pork-demand-brownfield-ag-news.md) | -1.2% | +11.2% |

## Sources

- airfreight.news: https://airfreight.news/articles/full/rising-pork-demand-drives-u.s-hog-prices-to-highest-since-2014

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