# Careful what you wish for … you might just get it

> Hog futures formed a top the week ending February 25, with summer contracts failing near $80 before plunging for two sessions. The market is pricing in weaker pork demand tied to tough US trade rhetoric toward Mexico and China, even though current pork demand remains strong.

- Date: 2017-02-27 · published 2017-02-27T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/72641-careful-what-you-wish-for-you-might-just-get-it
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

A forecast drop in export demand for pork would weigh on hog prices and reduce demand for hog feed ingredients, with the trade threat acting as the main price driver.

## Read by commodity

- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2022-09-13 | [What is going to happen to the hog market?](https://feedsoft.ai/events/39746-what-is-going-to-happen-to-the-hog-market.md) | +2.7% | -1.2% |
| HOGS | 2024-08-12 | [It's a Good Summer for Trade But China Ag Imports Fell In July - Trade Data Monitor](https://feedsoft.ai/events/14728-it-s-a-good-summer-for-trade-but-china-ag-imports-fell-in-july-trade-data.md) | -9.5% | -9.6% |
| HOGS | 2018-07-06 | [New Chinese Tariffs Mean Lower Prices For Wisconsin Farmers - WPR](https://feedsoft.ai/events/4970-new-chinese-tariffs-mean-lower-prices-for-wisconsin-farmers-wpr.md) | -2.7% | -22.4% |
| HOGS | 2018-07-19 | [Midwest farmers take trade woes, frustrations to Capitol Hill](https://feedsoft.ai/events/6571-midwest-farmers-take-trade-woes-frustrations-to-capitol-hill.md) | -2.9% | -23.5% |
| HOGS | 2021-05-31 | [Can whey’s milk check contribution continue?](https://feedsoft.ai/events/5680-can-whey-s-milk-check-contribution-continue.md) | +2.1% | -6.1% |

## Sources

- nationalhogfarmer.com: https://www.nationalhogfarmer.com/market-news/trump-trade-rhetoric-could-spell-disaster-for-pork-demand

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