# U.S. Hog Futures React to U.S.-China Trade Tensions - Pork Business

> US lean hog futures hit their lowest in nearly two months on 10 November after the 3-cent daily trading limit was hit the previous day. Traders feared the US-China trade war would last longer after President Trump announced tariffs on $200 billion of Chinese goods would rise to 25%.

- Date: 2020-11-11 · published 2020-11-11T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/50299-u-s-hog-futures-react-to-u-s-china-trade-tensions-pork-business
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Higher US-China tariffs threaten pork export demand to China, which is rebuilding its herd after African swine fever, so hog prices face downside pressure until a trade resolution.

## 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 | 2017-04-10 | [Ag has plenty at stake in potential U.S. - China trade tensions](https://feedsoft.ai/events/71366-ag-has-plenty-at-stake-in-potential-u-s-china-trade-tensions.md) | -2.3% | +4.4% |
| HOGS | 2019-06-03 | [Trade fights continue to batter U.S. live cattle, lean hog futures](https://feedsoft.ai/events/11384-trade-fights-continue-to-batter-u-s-live-cattle-lean-hog-futures.md) | -2.8% | -9.3% |
| HOGS | 2018-01-11 | [Hog Futures Sell Off Amid Nafta Jitters \| Fox Business](https://feedsoft.ai/events/67142-hog-futures-sell-off-amid-nafta-jitters-fox-business.md) | +3.2% | +5.3% |

## Sources

- porkbusiness.com: https://www.porkbusiness.com/news/hog-production/u-s-hog-futures-react-u-s-china-trade-tensions

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