# Live cattle futures fall on consumer demand questions - CME
						 | The Cattle Site

> CME live cattle futures fell on Wednesday as boxed beef cutout values declined ahead of the US Labor Day holiday. Feeder cattle ended mixed, and lean hog futures closed higher as consumers may be trading down to cheaper pork.

- Date: 2024-08-29 · published 2024-08-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/28967-live-cattle-futures-fall-on-consumer-demand-questions-cme-the-cattle-site
- 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

Weaker wholesale beef weighed on live cattle, while pork's gain on trade-down demand supports hog values. Feed buyers face softer cattle values but firmer pork demand.

## Read by commodity

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

## Sources

- thecattlesite.com: https://www.thecattlesite.com/news/live-cattle-futures-fall-on-consumer-demand-questions-cme

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