# Futures File: Hogs get butchered by trade war | Longview News-Journal

> Lean hog prices fell to a 20-month low near 50 cents per pound as U.S. trade delegations made little progress with China and Mexico, the two largest buyers of U.S. pork. Corn also dropped below $3.50 per bushel on a large crop tour estimate, and farmers await details of the $12 billion trade aid package.

- Date: 2018-08-25 · published 2018-08-25T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/63677-futures-file-hogs-get-butchered-by-trade-war-longview-news-journal
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Lack of export demand for U.S. pork and large pork belly stocks weigh on hog prices and reduce feed demand, while a projected large corn harvest adds to bearish feed grain pressure.

## Read by commodity

- SOY: bullish ▲
- CORN: bearish ▼
- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| HOGS | 2019-06-03 | [Trade fights continue to batter U.S. live cattle, lean hog futures](https://feedsoft.ai/events/11384-trade-fights-continue-to-batter-u-s-live-cattle-lean-hog-futures.md) | -2.8% | -9.3% |
| HOGS | 2018-07-18 | [U.S. livestock: CME cattle rise but hog futures weaken - Grainews](https://feedsoft.ai/events/5215-u-s-livestock-cme-cattle-rise-but-hog-futures-weaken-grainews.md) | -4.1% | -21.5% |
| 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 | 2025-02-04 | [Lean Hog Futures Prices Were Hit Hard by the U.S.-Mexico Trade Row. Will Hog Bulls Again Show Resilience?](https://feedsoft.ai/events/26199-lean-hog-futures-prices-were-hit-hard-by-the-u-s-mexico-trade-row-will-hog.md) | +3.1% | +2.7% |
| CORN | 2025-05-01 | [Soy futures fall to two-week low on worries over US export demand — TradingView News](https://feedsoft.ai/events/24730-soy-futures-fall-to-two-week-low-on-worries-over-us-export-demand-tradingview.md) | -3.8% | -1.4% |
| CORN | 2019-06-03 | [Trade fights continue to batter U.S. live cattle, lean hog futures](https://feedsoft.ai/events/11384-trade-fights-continue-to-batter-u-s-live-cattle-lean-hog-futures.md) | -1.9% | +1.4% |
| CORN | 2024-10-17 | [New US-China Trade War Could Cost Farmers Billions \| Farm Policy News \| Illinois](https://feedsoft.ai/events/27846-new-us-china-trade-war-could-cost-farmers-billions-farm-policy-news-illinois.md) | +2.1% | +2.9% |

## Sources

- news-journal.com: https://news-journal.com/2018/08/25/futures-file-hogs-get-butchered-by-trade-war/

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