# US hog futures look bright going into 2020
						 | The Pig Site

> US lean hog futures approached seven-week highs at the start of 2020 on expectations of larger US pork sales to China after the initial trade deal. The February contract reached its highest price since mid-November, and Phase 1 signing was set for January 15.

- Date: 2020-01-03 · published 2020-01-03T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/55225-us-hog-futures-look-bright-going-into-2020-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Expectations of stronger Chinese pork demand support hog prices and the feed demand that accompanies larger hog production.

## Read by commodity

- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2025-06-19 | [Pig outlook: Lean hog futures bulls remain in control
						 \| The Pig Site](https://feedsoft.ai/events/24362-pig-outlook-lean-hog-futures-bulls-remain-in-control-the-pig-site.md) | +2.1% | -2.8% |
| HOGS | 2021-02-12 | [Pig outlook: Lean hog futures continue solid bull run
						 \| The Pig Site](https://feedsoft.ai/events/4614-pig-outlook-lean-hog-futures-continue-solid-bull-run-the-pig-site.md) | +10.4% | +20.5% |
| HOGS | 2019-12-16 | [2020 hog outlook is bright](https://feedsoft.ai/events/6402-2020-hog-outlook-is-bright.md) | +8.8% | +5.7% |
| 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 | 2022-05-19 | [Pig outlook: Lean hog futures post solid price recovery, China pork imports drop
						 \| The Pig Site](https://feedsoft.ai/events/41553-pig-outlook-lean-hog-futures-post-solid-price-recovery-china-pork-imports-drop.md) | +3.1% | +5.5% |

## Sources

- thepigsite.com: https://www.thepigsite.com/news/2020/01/us-hog-futures-look-bright-going-into-2020

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