# Uncertainty over coronavirus puts selling pressure on US hog markets
						 | The Pig Site

> Hog futures fell as the coronavirus spread in China, with reports that China under-reported cases and the WHO warning the outbreak could go in any direction. Rabobank forecasts China's pork output could fall 20 percent in 2019 levels this year. Supply chain disruptions are also hitting meat distribution to Chinese consumers.

- Date: 2020-02-17 · published 2020-02-17T12:00:00.000Z
- Category: disease · region China · magnitude medium
- Page: https://feedsoft.ai/events/54744-uncertainty-over-coronavirus-puts-selling-pressure-on-us-hog-markets-the-pig
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Expected weaker Chinese pork demand from the outbreak is bearish for US hog prices, although a likely rise in Chinese pork imports offsets some of that pressure.

## Read by commodity

- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2020-11-16 | [Genesus Global Market Report: China, November 2020
						 \| The Pig Site](https://feedsoft.ai/events/50148-genesus-global-market-report-china-november-2020-the-pig-site.md) | -2.0% | -2.9% |
| HOGS | 2025-10-12 | [Hog prices slump as China's pork glut deepens - CME
						 \| The Pig Site](https://feedsoft.ai/events/5784-hog-prices-slump-as-china-s-pork-glut-deepens-cme-the-pig-site.md) | -9.5% | -13.5% |
| HOGS | 2020-05-25 | [CME update: lean hog futures slip as backups persist at slaughter facilities
						 \| The Pig Site](https://feedsoft.ai/events/53266-cme-update-lean-hog-futures-slip-as-backups-persist-at-slaughter-facilities-the.md) | -6.8% | -21.7% |
| HOGS | 2023-11-24 | [Pig outlook - Lean hog bears seize technical control, 2nd case of ASF in Hong Kong,  Prop 12 compliance
						 \| The Pig Site](https://feedsoft.ai/events/33168-pig-outlook-lean-hog-bears-seize-technical-control-2nd-case-of-asf-in-hong-kong.md) | -1.3% | -1.7% |
| HOGS | 2026-06-05 | [Cattle futures rally on first US screwworm detection - CME
						 \| The Cattle Site](https://feedsoft.ai/events/12089-cattle-futures-rally-on-first-us-screwworm-detection-cme-the-cattle-site.md) | -1.5% | -1.2% |

## Sources

- thepigsite.com: https://www.thepigsite.com/news/2020/02/uncertainty-over-coronavirus-puts-selling-pressure-on-us-hog-markets

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