# Hog futures top one-week high on talk of Chinese buying

> December lean hog futures finished up 2.3 cents at 72.4 cents per pound on the CME and hit their highest level since Sept. 16. The move followed talk of Chinese buying of US pork.

- Date: 2019-09-25 · published 2019-09-25T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/57221-hog-futures-top-one-week-high-on-talk-of-chinese-buying
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Expected Chinese purchases of US pork support export demand and lift hog futures. Hog prices depend on whether those purchases actually materialize.

## Read by commodity

- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2019-08-29 | [U.S. hog futures top one-week highs on China trade hopes \| Financial Post](https://feedsoft.ai/events/57717-u-s-hog-futures-top-one-week-highs-on-china-trade-hopes-financial-post.md) | -0.9% | -8.2% |
| 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 | 2020-02-13 | [U.S. lean hog futures edge up on hopes for Chinese demand \| Financial Post](https://feedsoft.ai/events/54745-u-s-lean-hog-futures-edge-up-on-hopes-for-chinese-demand-financial-post.md) | +11.2% | +9.5% |
| HOGS | 2024-02-15 | [Hog Futures Continuing Higher on Pork Purchases - IBest Media](https://feedsoft.ai/events/5538-hog-futures-continuing-higher-on-pork-purchases-ibest-media.md) | +9.6% | +10.6% |
| 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% |

## Sources

- reuters.com: https://www.reuters.com/article/usa-livestock/livestock-hog-futures-top-one-week-high-on-talk-of-chinese-buying-idUKL2N26G20N/

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