# U.S. livestock: Hogs plunge on fresh doubts of China trade prospects - Grainews

> US lean hog futures fell more than 4% on Nov 20, with February hogs hitting their lowest since Sept. 10 after doubts over a US-China trade deal grew. China criticized a US Senate bill on Hong Kong human rights, and reports said completion of a phase one trade deal could slip into next year.

- Date: 2019-11-20 · published 2019-11-20T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/56223-u-s-livestock-hogs-plunge-on-fresh-doubts-of-china-trade-prospects-grainews
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Uncertainty over China pork export access is removing expected premiums from deferred hog futures, a bearish signal for hog prices and related feed demand.

## Read by commodity

- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2018-03-23 | [U.S. livestock: CME hogs slump again on cash prices, trade war threat - Grainews](https://feedsoft.ai/events/66137-u-s-livestock-cme-hogs-slump-again-on-cash-prices-trade-war-threat-grainews.md) | -5.7% | +4.0% |
| HOGS | 2020-01-29 | [U.S. livestock: Hogs, cattle sink to multi-month lows - Grainews](https://feedsoft.ai/events/6706-u-s-livestock-hogs-cattle-sink-to-multi-month-lows-grainews.md) | -8.8% | -4.5% |
| HOGS | 2018-07-18 | [U.S. livestock: CME cattle rise but hog futures weaken - Grainews](https://feedsoft.ai/events/5215-u-s-livestock-cme-cattle-rise-but-hog-futures-weaken-grainews.md) | -4.1% | -21.5% |
| HOGS | 2019-03-28 | [U.S. livestock: Lean hogs limit down as export sales disappoint - Grainews](https://feedsoft.ai/events/60238-u-s-livestock-lean-hogs-limit-down-as-export-sales-disappoint-grainews.md) | +2.1% | +12.7% |
| HOGS | 2018-03-22 | [U.S. livestock: Trade war risk slams CME hogs - Country Guide](https://feedsoft.ai/events/66142-u-s-livestock-trade-war-risk-slams-cme-hogs-country-guide.md) | -6.7% | +1.5% |

## Sources

- grainews.ca: https://www.grainews.ca/daily/u-s-livestock-hogs-plunge-on-fresh-doubts-of-china-trade-prospects/

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