# U.S. livestock: Hogs, cattle sink to multi-month lows - Grainews

> US hog and cattle futures fell to multi-month lows on ample supplies and weakening cash markets. Concerns grew that China's purchases might exceed Phase One deal commitments amid the coronavirus outbreak, and JBS and BRF said China's meat imports will stay elevated in 2020 due to African swine fever.

- Date: 2020-01-29 · published 2020-01-29T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/6706-u-s-livestock-hogs-cattle-sink-to-multi-month-lows-grainews
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Ample cattle supplies and doubts about Chinese meat demand weigh on hog and cattle futures, though expected China imports offer some support for pork.

## Read by commodity

- HOGS: bearish ▼
- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| HOGS | 2020-01-31 | 1 | -4.3% | -3.1 | Hog futures hit multi-month lows on ample supplies, weak cash markets and worries about China's Phase One purchases amid coronavirus, which sets up the selling momentum that carried into Jan 31; it is dated two days earlier. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2018-07-17 | [U.S. livestock: CME lean hogs, live cattle end lower - AgCanada](https://feedsoft.ai/events/5218-u-s-livestock-cme-lean-hogs-live-cattle-end-lower-agcanada.md) | +1.8% | +0.3% |
| LCATTLE | 2018-03-23 | [U.S. livestock: CME hogs slump again on cash prices, trade war threat - Grainews](https://feedsoft.ai/events/66137-u-s-livestock-cme-hogs-slump-again-on-cash-prices-trade-war-threat-grainews.md) | -2.7% | -2.9% |
| LCATTLE | 2025-11-21 | [U.S. livestock: Cattle futures dip as Brazilian beef tariffs lifted - Grainews](https://feedsoft.ai/events/5449-u-s-livestock-cattle-futures-dip-as-brazilian-beef-tariffs-lifted-grainews.md) | -1.5% | +4.3% |
| LCATTLE | 2025-03-25 | [U.S. livestock: Lean hog futures gain, cattle mixed \| Farmtario](https://feedsoft.ai/events/25716-u-s-livestock-lean-hog-futures-gain-cattle-mixed-farmtario.md) | +0.3% | +1.1% |
| LCATTLE | 2024-05-29 | [U.S. livestock: Cattle lower on technical trading, JBS-China export news - AgCanada](https://feedsoft.ai/events/30400-u-s-livestock-cattle-lower-on-technical-trading-jbs-china-export-news-agcanada.md) | -1.0% | +3.5% |
| FCATTLE | 2025-11-21 | [U.S. livestock: Cattle futures dip as Brazilian beef tariffs lifted - Grainews](https://feedsoft.ai/events/5449-u-s-livestock-cattle-futures-dip-as-brazilian-beef-tariffs-lifted-grainews.md) | -4.9% | +1.5% |
| FCATTLE | 2018-03-23 | [U.S. livestock: CME hogs slump again on cash prices, trade war threat - Grainews](https://feedsoft.ai/events/66137-u-s-livestock-cme-hogs-slump-again-on-cash-prices-trade-war-threat-grainews.md) | -1.4% | -0.2% |
| FCATTLE | 2025-03-25 | [U.S. livestock: Lean hog futures gain, cattle mixed \| Farmtario](https://feedsoft.ai/events/25716-u-s-livestock-lean-hog-futures-gain-cattle-mixed-farmtario.md) | -0.1% | +0.1% |

## Sources

- grainews.ca: https://www.grainews.ca/daily/u-s-livestock-hogs-cattle-sink-to-multi-month-lows/

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