# Big wins on trade could mean big things for cattle and hog prices - Brownfield Ag News

> The USMCA trade agreement cleared its final hurdle and was headed for presidential signature, and Phase One of the US-China trade agreement had been signed. A livestock economist said these wins could lift livestock prices.

- Date: 2020-01-23 · published 2020-01-23T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/55229-big-wins-on-trade-could-mean-big-things-for-cattle-and-hog-prices-brownfield-ag
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Signed trade deals improve export outlook for pork and beef, which could support hog and cattle prices and feed demand.

## Read by commodity

- HOGS: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2018-08-27 | [Hog, cattle futures sharply higher on news of trade deal - Brownfield Ag News](https://feedsoft.ai/events/63477-hog-cattle-futures-sharply-higher-on-news-of-trade-deal-brownfield-ag-news.md) | -3.6% | +17.2% |
| HOGS | 2019-07-24 | [Hog markets remain focused on demand - Brownfield Ag News](https://feedsoft.ai/events/58248-hog-markets-remain-focused-on-demand-brownfield-ag-news.md) | +0.8% | -13.3% |
| HOGS | 2019-12-13 | [CME hog, cattle futures climb on U.S-China trade news](https://feedsoft.ai/events/6399-cme-hog-cattle-futures-climb-on-u-s-china-trade-news.md) | +9.0% | +3.6% |
| HOGS | 2020-07-21 | [US red meat exports adding value to corn and soybeans - Brownfield Ag News](https://feedsoft.ai/events/52196-us-red-meat-exports-adding-value-to-corn-and-soybeans-brownfield-ag-news.md) | +4.8% | +6.3% |
| HOGS | 2017-09-26 | [Livestock analyst bullish on pork demand - Brownfield Ag News](https://feedsoft.ai/events/69096-livestock-analyst-bullish-on-pork-demand-brownfield-ag-news.md) | -1.2% | +11.2% |
| LCATTLE | 2018-08-27 | [Hog, cattle futures sharply higher on news of trade deal - Brownfield Ag News](https://feedsoft.ai/events/63477-hog-cattle-futures-sharply-higher-on-news-of-trade-deal-brownfield-ag-news.md) | -0.1% | +3.5% |
| LCATTLE | 2018-04-04 | [Cattle futures shrug off China tariff news - Brownfield Ag News](https://feedsoft.ai/events/10068-cattle-futures-shrug-off-china-tariff-news-brownfield-ag-news.md) | -1.4% | -1.7% |
| LCATTLE | 2018-04-05 | [Cattle futures extend rally - Brownfield Ag News](https://feedsoft.ai/events/10069-cattle-futures-extend-rally-brownfield-ag-news.md) | -1.6% | -2.6% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/managing_profit/big-wins-on-trade-could-mean-big-things-for-cattle-and-hog-prices/

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