# U.S. livestock: Cattle futures continue climbing

> CME June live cattle closed at 163.95 cents/lb, up 0.25 cent, and front-month April reached a new contract high of 172.3 cents. Most-active May feeder cattle rose 2.2 cents to 207.825 cents, while June lean hogs fell 1.3 cents to 87.85 cents/lb.

- Date: 2023-04-12 · published 2023-04-12T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/11008-u-s-livestock-cattle-futures-continue-climbing
- 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

Continued gains in cattle futures reflect tight fed cattle supplies and firm beef demand, which supports demand for feed and feeder inputs. Softer hog futures point to weaker demand for pork-linked feed.

## Read by commodity

- HOGS: bearish ▼
- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- farmtario.com: https://farmtario.com/daily/u-s-livestock-cattle-futures-continue-climbing/

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