# Hog Futures Rally on Trade Hopes

> Lean hog futures rallied sharply as traders covered short positions and hoped a China trade deal would lift US pork exports. Cash hog bids were lower than asking prices, and cattle markets were mixed. Some traders worried a China deal could raise production costs.

- Date: 2019-02-21 · published 2019-02-21T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/60734-hog-futures-rally-on-trade-hopes
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Hopes for improved Chinese pork demand support hog prices and could lift demand for feed. The gains depend on an unconfirmed trade agreement, so the move may be short-lived.

## Read by commodity

- HOGS: bullish ▲

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2019/02/21/hog-futures-rally-trade-hopes-2

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