Hormel Foods cuts sales outlook as tariffs, meat glut bruise earnings

After 123 past bearish trade events, Lean Hogs moved a median -0.4% over 5 sessions (43% higher; middle half -2.9% to +2.0%), and -0.2% over 20.

• Jul 30, 2018Tyson says tariffs and meat glut are eating into its profit-7.3%
• Apr 4, 2025CME cattle, hogs dive by daily limits as China tariffs fuel sell-offs-1.3%
• Jul 30, 2018Tyson Foods blames drop in profits on tariff disputes - al.com-7.3%
• Jul 9, 2018As Tariffs Bite, China Cancels U.S. Soy Deals and Hunt Is on for New Export Markets-1.8%
• Nov 4, 2025Hog prices slip as China eases tariffs on US pork - CME | The Pig Site+0.4%

After 121 past bearish trade events, Live Cattle moved a median -0.6% over 5 sessions (40% higher; middle half -1.6% to +0.8%), and -0.3% over 20.

• Jul 30, 2018Tyson says tariffs and meat glut are eating into its profit+0.5%
• Apr 4, 2025CME cattle, hogs dive by daily limits as China tariffs fuel sell-offs-2.0%
• Nov 21, 2025U.S. livestock: Cattle futures dip as Brazilian beef tariffs lifted - Grainews-1.5%
• Nov 7, 2025Cattle futures extend slide as beef supply outlook shifts - CME | The Cattle Site-0.4%
• Aug 23, 2019China strikes back at U.S. with new tariffs on $75 billion in goods | Reuters+0.5%

Not enough comparable past events yet for a historical read.