# U.S. livestock: July hogs limit-down to lowest since late March - Grainews

> CME July lean hog futures fell by the 4.5-cent daily limit on June 24, 2021, to their lowest since late March. USDA reported the June 1 hog herd at 98% of the prior year, slightly above the 97.7% analysts expected, and weekly pork export sales fell.

- Date: 2021-06-25 · published 2021-06-25T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/7750-u-s-livestock-july-hogs-limit-down-to-lowest-since-late-march-grainews
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

A herd larger than expected and softer export sales signal more near-term pork supply, pressuring hog prices and processor margins, with limited direct impact on feed demand beyond the hog sector.

## Read by commodity

- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2021-06-16 | [U.S. livestock: Hogs limit down on new China stats - AgCanada](https://feedsoft.ai/events/46562-u-s-livestock-hogs-limit-down-on-new-china-stats-agcanada.md) | -6.5% | -6.5% |
| HOGS | 2023-10-02 | [U.S. livestock: CME lean hogs extend selloff on supply view - Grainews](https://feedsoft.ai/events/33781-u-s-livestock-cme-lean-hogs-extend-selloff-on-supply-view-grainews.md) | -0.2% | -10.7% |
| HOGS | 2018-06-28 | [U.S. livestock: Hog futures higher on spreading - Grainews](https://feedsoft.ai/events/64667-u-s-livestock-hog-futures-higher-on-spreading-grainews.md) | +1.0% | -15.1% |
| HOGS | 2018-03-30 | [U.S. March hog herd hits record high - Grainews](https://feedsoft.ai/events/66141-u-s-march-hog-herd-hits-record-high-grainews.md) | -6.7% | +10.8% |
| HOGS | 2016-07-27 | [U.S. livestock: CME hog futures biggest one-day loss in seven months - Country Guide](https://feedsoft.ai/events/11075-u-s-livestock-cme-hog-futures-biggest-one-day-loss-in-seven-months-country-guide.md) | -5.7% | -14.9% |

## Sources

- grainews.ca: https://www.grainews.ca/daily/u-s-livestock-july-hogs-limit-down-to-lowest-since-late-march/

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