# Cattle futures lower, hogs mostly lower ahead of Friday's reports - Brownfield Ag News

> Live and feeder cattle futures closed lower on profit-taking ahead of Friday's On Feed report, with February live cattle down $1.62 to $168.67. Hogs were mostly lower, and direct cash cattle trade was quiet with asking prices at $173 to $175 live.

- Date: 2023-12-21 · published 2023-12-21T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/32862-cattle-futures-lower-hogs-mostly-lower-ahead-of-friday-s-reports-brownfield-ag
- 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

Profit-taking and cautious trading ahead of the USDA On Feed report pressure cattle futures in the short term. The move is routine market commentary with no new fundamental cause.

## Read by commodity

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

## Sources

- brownfieldagnews.com: https://www.brownfieldagnews.com/market-news/cattle-futures-lower-hogs-mostly-lower-ahead-of-fridays-reports/

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