# Hog futures higher heading into Friday - Brownfield Ag News

> October live cattle closed $0.72 lower at $177.90 and September feeder cattle closed $1.80 lower at $239.50 on the CME. Direct cash cattle trade was light to moderate, with Nebraska live deals at $184, about $2 below the prior week. Choice boxed beef rose $1.37 to $308.66 while Select fell $1.44.

- Date: 2024-08-29 · published 2024-08-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/28938-hog-futures-higher-heading-into-friday-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Lower cattle futures and cash trade point to softer cattle prices, while higher Choice beef supports packer margins. Feeder cattle buyers face weaker input values heading into the fall.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/hog-futures-higher-heading-into-friday-2/

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