# BRINGING HOME THE BACON: U.S. PORK TRADE - Global Trade Magazine

> An overview of US pork trade notes that the US is the third-largest pork producer and consumer and that China was once its second-largest market. It describes COVID-19 plant closures, a possible meat shortage, and up to seven million pigs at risk of euthanasia.

- Date: 2020-06-02 · published 2020-06-02T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/52744-bringing-home-the-bacon-u-s-pork-trade-global-trade-magazine
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Lost China demand and processing backlogs point to weaker hog export demand and pressure on hog prices, with possible supply tightening at retail.

## Read by commodity

- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2020-11-11 | [U.S. Hog Futures React to U.S.-China Trade Tensions - Pork Business](https://feedsoft.ai/events/50299-u-s-hog-futures-react-to-u-s-china-trade-tensions-pork-business.md) | -0.6% | -3.0% |
| HOGS | 2018-04-24 | [Uncertainties threaten optimism in global pork trade - Rabobank - Pig World](https://feedsoft.ai/events/65664-uncertainties-threaten-optimism-in-global-pork-trade-rabobank-pig-world.md) | +1.0% | +11.3% |
| HOGS | 2018-06-21 | [Trade Woes Shrink U.S. Pork Packer Margins To Three-Year Low - Perishable News](https://feedsoft.ai/events/64668-trade-woes-shrink-u-s-pork-packer-margins-to-three-year-low-perishable-news.md) | -0.1% | -11.4% |
| HOGS | 2018-07-17 | [Trade war puts the hoof into U.S. pig part exports to China](https://feedsoft.ai/events/5216-trade-war-puts-the-hoof-into-u-s-pig-part-exports-to-china.md) | -10.7% | -26.8% |
| HOGS | 2018-07-17 | [Trade war leaves U.S. with mountain of cheap pork](https://feedsoft.ai/events/5212-trade-war-leaves-u-s-with-mountain-of-cheap-pork.md) | -10.7% | -26.8% |

## Sources

- globaltrademag.com: https://www.globaltrademag.com/bringing-home-the-bacon-u-s-pork-trade/

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