# US hog prices jump as China offers tariff waivers
						 | The Pig Site

> US lean hog futures rose to their highest level since November 19 after China said it would waive import tariffs on some US soybean and pork shipments. Industry sources said the waivers could cover up to 10 million tonnes of soybeans and an unknown volume of pork.

- Date: 2019-12-09 · published 2019-12-09T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/55725-us-hog-prices-jump-as-china-offers-tariff-waivers-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Tariff waivers raise the chance of higher US pork and soybean sales to China, though buying interest in hogs faded quickly and rival suppliers still hold a tariff advantage.

## Read by commodity

- SOY: bullish ▲
- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2019-04-14 | [Hog virus pushes China to increase US pork purchases despite trade war
						 \| The Pig Site](https://feedsoft.ai/events/7159-hog-virus-pushes-china-to-increase-us-pork-purchases-despite-trade-war-the-pig.md) | +8.5% | +5.4% |
| HOGS | 2019-07-18 | [US hog market hopeful for renewed export to China
						 \| The Pig Site](https://feedsoft.ai/events/58254-us-hog-market-hopeful-for-renewed-export-to-china-the-pig-site.md) | +6.2% | +3.3% |
| HOGS | 2017-04-19 | [Pork Commentary: China, China, China
						 \| The Pig Site](https://feedsoft.ai/events/71514-pork-commentary-china-china-china-the-pig-site.md) | -2.6% | +16.0% |
| 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% |
| HOGS | 2020-01-24 | [Iowa Pork Congress: Jim Long talks USMCA, ASF, pig prices and more
						 \| The Pig Site](https://feedsoft.ai/events/55226-iowa-pork-congress-jim-long-talks-usmca-asf-pig-prices-and-more-the-pig-site.md) | -4.9% | -4.2% |
| SOY | 2019-10-23 | [Palm oil jumps to 16-month high as China’s waivers boost soy \| The Star](https://feedsoft.ai/events/56666-palm-oil-jumps-to-16-month-high-as-china-s-waivers-boost-soy-the-star.md) | -1.7% | -2.4% |
| SOY | 2024-05-20 | [US Soybean Prices Higher in Spite of Tariff Concerns](https://feedsoft.ai/events/30297-us-soybean-prices-higher-in-spite-of-tariff-concerns.md) | +1.6% | -5.7% |
| SOY | 2025-08-11 | [US soybean prices jump after Trump urges China to quadruple orders \| Reuters](https://feedsoft.ai/events/12446-us-soybean-prices-jump-after-trump-urges-china-to-quadruple-orders-reuters.md) | +5.7% | +4.8% |

## Sources

- thepigsite.com: https://www.thepigsite.com/news/2019/12/us-hog-prices-jump-as-china-offers-tariff-waivers

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