# CME lean hog futures rise on China trade optimism

> CME lean hog futures closed higher for a second session on hopes that US-China trade talks could boost US pork exports. The December contract settled near technical resistance at its 100-day moving average. China's pork prices were reported surging amid a supply shortfall.

- Date: 2019-10-09 · published 2019-10-09T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/56722-cme-lean-hog-futures-rise-on-china-trade-optimism
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Expectations of stronger Chinese pork demand support US hog prices. The move remains sentiment-driven until export sales confirm it.

## Read by commodity

- HOGS: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/article/amp/idUKL2N26U1I8/

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