# Cattle, hog futures start the week lower - Brownfield Ag News

> Live cattle and feeder cattle closed sharply lower at the CME ahead of direct cash business, with August lean hogs down $2.02 to $91.45. Oklahoma feeder steers were steady to $5 lower and Choice boxed beef closed $1.04 higher.

- Date: 2024-07-29 · published 2024-07-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/29427-cattle-hog-futures-start-the-week-lower-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

Lower futures and cash feeder prices reflect pressured sentiment in cattle and hogs, which can reduce feeder placements and feed demand from livestock operators.

## Read by commodity

- HOGS: bearish ▼
- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| FCATTLE | 2024-08-05 | 5 | -5.5% | -3.2 | Feeder and live cattle futures closed sharply lower on July 29 ahead of cash trade, an early leg of the weekly decline driven by position-squaring and sentiment. |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cattle-hog-futures-start-the-week-lower-6/

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