# CME lean hogs rebound, market eyes U.S.-China trade talks

> US lean hog futures closed higher on Friday, rising more than 1% on speculative buying tied to hopes for pork sales to China after a 90-day trade truce. The White House said Beijing pledged to immediately buy US farm products, a list expected to include pork.

- Date: 2018-12-07 · published 2018-12-07T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/61688-cme-lean-hogs-rebound-market-eyes-u-s-china-trade-talks
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Expected Chinese purchases of US pork would support export demand and hog prices, though China's African swine fever losses are also shaping its import needs.

## Read by commodity

- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2019-09-14 | [Lean hogs rally as China exempts pork from additional tariffs on U.S. goods - MarketWatch](https://feedsoft.ai/events/57225-lean-hogs-rally-as-china-exempts-pork-from-additional-tariffs-on-u-s-goods.md) | -5.6% | -2.0% |
| HOGS | 2020-08-28 | [CME update: lean hog futures edge higher as market fundamentals improve
						 \| The Pig Site](https://feedsoft.ai/events/51759-cme-update-lean-hog-futures-edge-higher-as-market-fundamentals-improve-the-pig.md) | +3.7% | +25.8% |
| HOGS | 2019-07-18 | [US hog market hopeful for renewed export to China
						 \| The Pig Site](https://feedsoft.ai/events/58254-us-hog-market-hopeful-for-renewed-export-to-china-the-pig-site.md) | +6.2% | +3.3% |
| HOGS | 2020-03-06 | [CME update: lean hog futures strengthen due to expected sales to China
						 \| The Pig Site](https://feedsoft.ai/events/54297-cme-update-lean-hog-futures-strengthen-due-to-expected-sales-to-china-the-pig.md) | -3.3% | -15.6% |

## Sources

- reuters.com: https://www.reuters.com/article/business/cme-lean-hogs-rebound-market-eyes-u-s-china-trade-talks-idUSL1N1YC24R/

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