# Lean hog futures tumble due to high supplies and weak prices in US
						 | The Pig Site

> Chicago lean hog futures fell as much as 5 percent on November 8 under pressure from abundant supplies and weaker Midwest cash hog prices. US pork exports to Mexico and China have declined, leaving more pork for the domestic market, while analysts had expected African swine fever in China to increase pork imports.

- Date: 2018-11-08 · published 2018-11-08T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/62203-lean-hog-futures-tumble-due-to-high-supplies-and-weak-prices-in-us-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Heavy domestic pork supplies and lost export demand weigh on hog prices, and the expected China import boost from African swine fever has not yet materialized. This keeps hog prices under pressure.

## Read by commodity

- HOGS: bearish ▼

## Sources

- thepigsite.com: https://www.thepigsite.com/news/2018/11/lean-hog-futures-tumble-due-to-high-supplies-and-weak-prices-in-us-1

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