# Lean hog, cattle futures turn lower on uncertain demand - CME
						 | The Beef Site

> CME livestock futures turned lower on July 29, with cattle falling on profit-taking and uncertain fall beef demand, while hogs eased as ham cutout prices dropped sharply. Corn futures initially supported cattle before recovering, raising feed cost concerns.

- Date: 2024-07-30 · published 2024-07-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/29413-lean-hog-cattle-futures-turn-lower-on-uncertain-demand-cme-the-beef-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Growing fall pork supplies and weak seasonal hog trends pressure deferred hog futures, while rising corn costs weigh on feeder cattle margins.

## Read by commodity

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

## Sources

- thebeefsite.com: https://www.thebeefsite.com/news/lean-hog-cattle-futures-turn-lower-on-uncertain-demand-cme

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