# U.S. hog futures top one-week highs on China trade hopes | Financial Post

> US lean hog futures rose to their highest in over a week on Thursday after China's commerce ministry said both sides were discussing a September round of trade talks. Trump said talks were scheduled at a different level, without details. Traders hope a deal would lift Chinese pork imports, which are needed due to African swine fever.

- Date: 2019-08-29 · published 2019-08-29T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/57717-u-s-hog-futures-top-one-week-highs-on-china-trade-hopes-financial-post
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Hopes of a US-China deal raise expectations of stronger Chinese pork demand for US hogs, supporting hog prices, though no agreement exists yet.

## Read by commodity

- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2019-09-25 | [Hog futures top one-week high on talk of Chinese buying](https://feedsoft.ai/events/57221-hog-futures-top-one-week-high-on-talk-of-chinese-buying.md) | +2.5% | +9.0% |
| 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 | 2020-02-06 | [U.S. hog futures soar daily limit on Tyson comment on China demand, short-covering \| Financial Post](https://feedsoft.ai/events/54746-u-s-hog-futures-soar-daily-limit-on-tyson-comment-on-china-demand-short.md) | -4.0% | +4.3% |
| HOGS | 2019-12-16 | [Pork industry wants to cash in on "phase one" U.S.-China trade deal](https://feedsoft.ai/events/6400-pork-industry-wants-to-cash-in-on-phase-one-u-s-china-trade-deal.md) | +8.8% | +5.7% |

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/u-s-hog-futures-top-one-week-highs-on-china-trade-hopes

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