# Lean hog prices vanquish swine fever jitters
						 | The Pig Site

> CME December lean hog futures settled up the daily 3-cent limit at 57.525 cents per pound on Wednesday as African swine fever spread in China, with over 40 cases reported across 12 provinces and municipalities. China's agriculture ministry also said it would ban feeding kitchen waste to pigs.

- Date: 2018-10-24 · published 2018-10-24T12:00:00.000Z
- Category: disease · region China · magnitude medium
- Page: https://feedsoft.ai/events/62680-lean-hog-prices-vanquish-swine-fever-jitters-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Expected loss of Chinese hog supply raises import demand for pork and boosts U.S. hog values, while the discount of futures to the cash index also supported buying.

## Read by commodity

- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2021-02-05 | [Pig outlook: Lean hog futures prices power still higher
						 \| The Pig Site](https://feedsoft.ai/events/48796-pig-outlook-lean-hog-futures-prices-power-still-higher-the-pig-site.md) | +4.1% | +20.4% |
| HOGS | 2019-03-11 | [China hog prices hit 14-month high as African swine fever slashes output
						 \| The Pig Site](https://feedsoft.ai/events/60096-china-hog-prices-hit-14-month-high-as-african-swine-fever-slashes-output-the.md) | +9.4% | +33.1% |
| HOGS | 2023-06-29 | [Pig outlook: Lean hog futures bulls keeping price uptrend alive
						 \| The Pig Site](https://feedsoft.ai/events/35638-pig-outlook-lean-hog-futures-bulls-keeping-price-uptrend-alive-the-pig-site.md) | +4.9% | +9.8% |
| HOGS | 2018-08-31 | [Hog Traders Eye China's Swine Fever](https://feedsoft.ai/events/63549-hog-traders-eye-china-s-swine-fever.md) | +7.0% | +28.4% |
| HOGS | 2025-12-12 | [Pork Outlook: Hog prices trending upwards for 2026
						 \| The Pig Site](https://feedsoft.ai/events/21675-pork-outlook-hog-prices-trending-upwards-for-2026-the-pig-site.md) | +1.1% | -0.6% |

## Sources

- thepigsite.com: https://www.thepigsite.com/news/2018/10/lean-hog-prices-vanquish-swine-fever-jitters-1

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