# Prospects of new trade and tax policy pressures hog markets

> Lean hog futures dropped sharply this week after pork belly prices, which had been near record highs, fell about 25 dollars per hundredweight in one session. Analysts say uncertainty over possible new trade and tax policies is adding pressure to the hog market.

- Date: 2017-02-24 · published 2017-02-24T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/72640-prospects-of-new-trade-and-tax-policy-pressures-hog-markets
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Lower hog futures and weaker pork cutout values reduce hog producer margins and can cut demand for hog feed, while trade uncertainty adds downside risk to export demand.

## Read by commodity

- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2019-11-20 | [U.S. livestock: Hogs plunge on fresh doubts of China trade prospects - Grainews](https://feedsoft.ai/events/56223-u-s-livestock-hogs-plunge-on-fresh-doubts-of-china-trade-prospects-grainews.md) | -2.0% | +6.1% |
| HOGS | 2017-01-30 | [Hog markets shift attention from hog supply to pork demand](https://feedsoft.ai/events/73126-hog-markets-shift-attention-from-hog-supply-to-pork-demand.md) | +3.9% | +6.1% |
| HOGS | 2018-12-30 | [With falling prices, U.S. pork seeks new world markets \| AP News](https://feedsoft.ai/events/61695-with-falling-prices-u-s-pork-seeks-new-world-markets-ap-news.md) | +1.7% | -0.2% |
| HOGS | 2018-07-09 | [As Tariffs Bite, China Cancels U.S. Soy Deals and Hunt Is on for New Export Markets](https://feedsoft.ai/events/63898-as-tariffs-bite-china-cancels-u-s-soy-deals-and-hunt-is-on-for-new-export.md) | -1.8% | -22.3% |
| HOGS | 2019-08-25 | [Oil Markets Hit Hard By Trade War Escalation \| OilPrice.com](https://feedsoft.ai/events/57749-oil-markets-hit-hard-by-trade-war-escalation-oilprice-com.md) | -0.4% | -9.1% |

## Sources

- mysteinbach.ca: https://www.mysteinbach.ca/news/974/prospects-of-new-trade-and-tax-policy-pressures-hog-markets/

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