# U.S. livestock: Hogs drop as China delegation cancels farm visits - AgCanada

> Lean hog futures fell to their lowest in more than a week on September 20 after a Chinese agriculture delegation cancelled planned US farm visits. Cattle and soybeans also came under pressure, and USDA reported lower-than-expected August cattle placements.

- Date: 2019-09-20 · published 2019-09-20T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/57226-u-s-livestock-hogs-drop-as-china-delegation-cancels-farm-visits-agcanada
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Cancelled trade visits signal the trade dispute may last longer, which weighs on US pork export expectations and hog prices.

## Read by commodity

- SOY: bearish ▼
- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2018-07-17 | [U.S. livestock: CME lean hogs, live cattle end lower - AgCanada](https://feedsoft.ai/events/5218-u-s-livestock-cme-lean-hogs-live-cattle-end-lower-agcanada.md) | -10.7% | -26.8% |
| HOGS | 2018-05-11 | [U.S. livestock: CME hogs slump amid fund roll, NAFTA worries - AgCanada](https://feedsoft.ai/events/65171-u-s-livestock-cme-hogs-slump-amid-fund-roll-nafta-worries-agcanada.md) | +10.4% | +17.5% |
| HOGS | 2024-05-29 | [U.S. livestock: Cattle lower on technical trading, JBS-China export news - AgCanada](https://feedsoft.ai/events/30400-u-s-livestock-cattle-lower-on-technical-trading-jbs-china-export-news-agcanada.md) | -0.0% | -3.0% |
| HOGS | 2019-11-20 | [U.S. livestock: Hogs plunge on fresh doubts of China trade prospects - Grainews](https://feedsoft.ai/events/56223-u-s-livestock-hogs-plunge-on-fresh-doubts-of-china-trade-prospects-grainews.md) | -2.0% | +6.1% |
| HOGS | 2019-04-29 | [U.S. livestock: CME lean hogs drop on demand concerns, plentiful supplies - Manitoba Co-operator](https://feedsoft.ai/events/4627-u-s-livestock-cme-lean-hogs-drop-on-demand-concerns-plentiful-supplies-manitoba.md) | -1.3% | -0.1% |
| SOY | 2023-11-02 | [U.S. farm leaders, visiting China, talk up agriculture trade \| Reuters](https://feedsoft.ai/events/14797-u-s-farm-leaders-visiting-china-talk-up-agriculture-trade-reuters.md) | +4.5% | +4.0% |
| SOY | 2018-07-09 | [As Tariffs Bite, China Cancels U.S. Soy Deals and Hunt Is on for New Export Markets](https://feedsoft.ai/events/63898-as-tariffs-bite-china-cancels-u-s-soy-deals-and-hunt-is-on-for-new-export.md) | -6.9% | +1.4% |
| SOY | 2018-06-16 | [China hits U.S. agriculture with retaliation](https://feedsoft.ai/events/64580-china-hits-u-s-agriculture-with-retaliation.md) | -1.2% | -8.4% |

## Sources

- agcanada.com: https://www.agcanada.com/daily/u-s-livestock-hogs-drop-as-china-delegation-cancels-farm-visits

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