# U.S. livestock: Hog futures firm on cash market strength - Manitoba Co-operator

> U.S. lean hog futures rose 3.6% on Tuesday after cash prices in Iowa and Minnesota gained more than $2 since the prior Wednesday. China's agriculture ministry said its frozen pork reserves are ample and will help contain prices ahead of the Lunar New Year.

- Date: 2019-12-03 · published 2019-12-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/55724-u-s-livestock-hog-futures-firm-on-cash-market-strength-manitoba-co-operator
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Firmer cash hog prices suggest a seasonal bottom, but Chinese reserve stocks limit how much export demand can lift U.S. prices.

## Read by commodity

- HOGS: bullish ▲

## Sources

- manitobacooperator.ca: https://www.manitobacooperator.ca/daily/u-s-livestock-hog-futures-firm-on-cash-market-strength/

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