# Cattle, hog futures bounce back after recent losses - CME
						 | The Beef Site

> Cattle futures on the CME rebounded on Wednesday from June lows after a sharp Monday sell-off that followed a USDA report showing larger-than-expected cattle placements into US feedlots in September. Lean hog futures also settled higher after several days at contract lows.

- Date: 2023-10-26 · published 2023-10-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/33782-cattle-hog-futures-bounce-back-after-recent-losses-cme-the-beef-site
- 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

Heavier feedlot placements add near-term supply, but analysts note heifers are not being retained, which could tighten supplies and support feeder and live cattle prices later.

## Read by commodity

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

## Sources

- thebeefsite.com: https://www.thebeefsite.com/news/cattle-hog-futures-bounce-back-after-recent-losses-cme

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