# U.S. livestock: Lean hogs limit down as export sales disappoint - Grainews

> CME lean hog futures fell by the daily three-cent limit on March 28 after USDA reported net pork export sales of 21,468 tonnes for the week ended March 21, including 999 tonnes of net cancellations by China. USDA's quarterly Hogs and Pigs report, released the same day, was largely in line with expectations and showed the March 1 inventory 2.1% above a year earlier.

- Date: 2019-03-28 · published 2019-03-28T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/60238-u-s-livestock-lean-hogs-limit-down-as-export-sales-disappoint-grainews
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Китайские cancellations undercut expectations that China would lift US pork purchases to offset its ASF-driven herd losses, so hog prices may stay pressured after the rally.

## Read by commodity

- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2018-03-23 | [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 | 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 | 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 | 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% |

## Sources

- grainews.ca: https://www.grainews.ca/daily/u-s-livestock-lean-hogs-limit-down-as-export-sales-disappoint/

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