# Trade wars cast a long shadow over hog industry - Manitoba Co-operator

> Manitoba and Alberta pork producers are facing their worst market downturn in about a decade, with hog prices down sharply since spring. Producers blame U.S. tariffs, a plentiful U.S. hog supply, packer bidding behaviour, and uncertainty over NAFTA talks.

- Date: 2018-09-24 · published 2018-09-24T12:00:00.000Z
- Category: trade · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/63181-trade-wars-cast-a-long-shadow-over-hog-industry-manitoba-co-operator
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Lower Canadian hog prices and producer exits reduce Canadian hog and feed demand over time, while trade uncertainty keeps hog price volatility elevated.

## Read by commodity

- HOGS: bearish ▼
- CANMEAL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2018-12-27 | [Hog industry worldwide getting slaughtered in trade war](https://feedsoft.ai/events/61691-hog-industry-worldwide-getting-slaughtered-in-trade-war.md) | +2.0% | +3.1% |
| HOGS | 2022-05-03 | [Chinese soybean crushers slow bean buying on poor margins - Manitoba Co-operator](https://feedsoft.ai/events/14933-chinese-soybean-crushers-slow-bean-buying-on-poor-margins-manitoba-co-operator.md) | +0.6% | +5.8% |
| HOGS | 2019-04-29 | [U.S. livestock: CME lean hogs drop on demand concerns, plentiful supplies - Manitoba Co-operator](https://feedsoft.ai/events/4627-u-s-livestock-cme-lean-hogs-drop-on-demand-concerns-plentiful-supplies-manitoba.md) | -1.3% | -0.1% |
| HOGS | 2018-03-22 | [U.S. livestock: Trade war risk slams CME hogs - Country Guide](https://feedsoft.ai/events/66142-u-s-livestock-trade-war-risk-slams-cme-hogs-country-guide.md) | -6.7% | +1.5% |
| HOGS | 2020-06-02 | [Lean hog futures end lower on U.S.-China trade worries](https://feedsoft.ai/events/52771-lean-hog-futures-end-lower-on-u-s-china-trade-worries.md) | -11.2% | -18.2% |

## Sources

- manitobacooperator.ca: https://www.manitobacooperator.ca/livestock/trade-wars-cast-shadow-over-hog-industry/

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