# U.S. livestock: CME lean hogs up third straight session - Country Guide

> CME lean hog futures closed higher for a third straight session on expectations that African swine fever in China would increase Chinese pork imports. USDA data showed China bought over 77,700 tonnes of US pork in the latest week, and Rabobank forecast up to 200 million Chinese pigs could be culled or die.

- Date: 2019-04-12 · published 2019-04-12T12:00:00.000Z
- Category: disease · region China · magnitude medium
- Page: https://feedsoft.ai/events/7154-u-s-livestock-cme-lean-hogs-up-third-straight-session-country-guide
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

A large loss of Chinese hogs would sharply increase demand for imported pork, supporting US hog prices, though possible Canadian retaliatory tariffs are a bearish risk.

## Read by commodity

- HOGS: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| HOGS | 2019-04-14 | 1 | +6.6% | 4.2 | Lean hog futures rallied for a third straight session on 12 April on expectations that ASF in China would lift pork imports, directly describing the price momentum ahead of the move. |
| HOGS | 2019-04-15 | 1 | +6.9% | 4.4 | Lean hogs had rallied for three sessions into April 12 on ASF-related Chinese import expectations and large China pork buying, building the momentum that carried into the April 15 jump. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2019-04-18 | [U.S. livestock: Deferred hog futures set contract highs for fourth day - Country Guide](https://feedsoft.ai/events/5961-u-s-livestock-deferred-hog-futures-set-contract-highs-for-fourth-day-country.md) | +1.7% | +3.3% |
| HOGS | 2020-02-20 | [U.S. livestock: Hogs weaken on profit taking, cattle mixed - Manitoba Co-operator](https://feedsoft.ai/events/12066-u-s-livestock-hogs-weaken-on-profit-taking-cattle-mixed-manitoba-co-operator.md) | -1.3% | -4.9% |
| HOGS | 2026-03-16 | [South Korea on highest alert as 3 major livestock diseases spread nationwide \| The Straits Times](https://feedsoft.ai/events/15924-south-korea-on-highest-alert-as-3-major-livestock-diseases-spread-nationwide.md) | -1.0% | -2.2% |
| HOGS | 2021-02-25 | [CME update: lean hog futures hit highest point since May 2019
						 \| The Pig Site](https://feedsoft.ai/events/48791-cme-update-lean-hog-futures-hit-highest-point-since-may-2019-the-pig-site.md) | +0.7% | +11.8% |
| HOGS | 2018-08-27 | [Fever or trade talk briefly ignite U.S. hog market \| Western Livestock Journal](https://feedsoft.ai/events/63676-fever-or-trade-talk-briefly-ignite-u-s-hog-market-western-livestock-journal.md) | -3.6% | +17.2% |

## Sources

- country-guide.ca: https://www.country-guide.ca/daily/u-s-livestock-cme-lean-hogs-up-third-straight-session/

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