# LIVESTOCK-CME livestock futures turn higher amid rising wholesale prices

> CME live cattle and lean hog futures turned higher on April 9 as wholesale beef prices kept firming. Choice boxed beef cutout rose to $302.70/cwt, and cash cattle trades were reported at $182 to $186/cwt. Traders also noted rising slaughter weights and China's hog sales increase.

- Date: 2024-04-09 · published 2024-04-09T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/30679-livestock-cme-livestock-futures-turn-higher-amid-rising-wholesale-prices
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Firm cutout values support cash cattle and futures, and signal steady beef demand. Hog futures also gained on signs of stabilising Chinese herd numbers.

## Read by commodity

- HOGS: bullish ▲
- LCATTLE: bullish ▲

## Sources

- marketscreener.com: https://www.marketscreener.com/quote/future/LIVE-CATTLE-FUTURE-LE-CMG-4373694/news/LIVESTOCK-CME-livestock-futures-turn-higher-amid-rising-wholesale-prices-46398945/

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