# Hog futures supported by higher cash business - Brownfield Ag News

> At the CME, August live cattle closed $0.57 lower at $187.12 while feeder cattle gained slightly, as direct cash cattle trade remained quiet with bids elusive. Asking prices surfaced at $190 to $192 live in the South, and hog futures were supported by higher cash business.

- Date: 2024-07-31 · published 2024-07-31T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/29424-hog-futures-supported-by-higher-cash-business-brownfield-ag-news
- 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

Routine cattle and hog market wrap with modest moves; feed buyers see stable cattle demand and no new supply shock to shift feeding economics.

## Read by commodity

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

## Sources

- brownfieldagnews.com: https://www.brownfieldagnews.com/market-news/hog-futures-supported-by-higher-cash-business/

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