◂ Event Timeline

Dec 1, 2020TRADEUS

CME update: lean hog futures get a boost on strong pork demand

CME February lean hogs settled 1.325 cents higher at 68.575 cents per pound on 30 November. Brugler Marketing cited low cold storage stocks and strong pork shipments to China in the USDA weekly export report of 27 November.

WHY IT MATTERS

Strong Chinese pork import demand ahead of Lunar New Year supports hog prices and underpins feed demand through year end.

AFFECTSLean Hogs▲

SOURCE
thepigsite.comMegan HowellDec 1, 2020

Price reaction & history

Lean Hogs▲bullishSO FAR1d -0.1%5d -2.9%20d -3.6%

After 85 past bullish trade events, Lean Hogs moved a median +0.8% over 5 sessions (54% higher; middle half -1.8% to +4.5%), and +4.0% over 20.

Mar 6, 2020CME update: lean hog futures strengthen due to expected sales to China | The Pig Site-3.3%
Aug 28, 2020CME update: lean hog futures edge higher as market fundamentals improve | The Pig Site+3.7%
Jun 19, 2025Pig outlook: Lean hog futures bulls remain in control | The Pig Site+2.1%
Feb 13, 2020U.S. lean hog futures edge up on hopes for Chinese demand | Financial Post+11.2%
May 19, 2022Pig outlook: Lean hog futures post solid price recovery, China pork imports drop | The Pig Site+3.1%

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

Lean Hogs HOGS · GP ▸

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