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Barchart
Barchart
Jim Wyckoff

Lean Hog Futures Prices Were Hit Hard by the U.S.-Mexico Trade Row. Will Hog Bulls Again Show Resilience?

Mexico Donald Trump United States China

April lean hog (HEJ25) futures prices dropped the daily permissible trading limit of $4.00 a hundredweight on Monday following weekend news that President Donald Trump’s administration was set to implement new tariffs on its major trading partners, including Mexico. The specter of reduced U.S. pork shipments to Mexico, which accounts for over 25% of total U.S. pork exports, would likely lead to more abundant domestic pork supplies and drive hog prices lower in the coming months.

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