# Futures File: Cattle futures stampede on demand | Longview News-Journal

> December live cattle futures neared $1.28 per pound, the highest since mid-June, after a sharp weekly rally. Lean hog futures reached a three-month high as expensive pork supported beef demand. Analysts warned that beef demand may not keep pace with the rally.

- Date: 2017-11-05 · published 2017-11-05T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/10871-futures-file-cattle-futures-stampede-on-demand-longview-news-journal
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Fund buying pushed cattle and hog futures higher, but weak underlying beef demand raises the risk of a sharp reversal in livestock prices.

## Read by commodity

- HOGS: bullish ▲
- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- news-journal.com: https://news-journal.com/2017/11/05/futures-file-cattle-futures-stampede-on-demand/

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