# Hog futures pressured by cash and wholesale business - Brownfield Ag News

> On the CME, December live cattle closed $0.35 lower at $185 and December feeders were mixed. Boxed beef closed lower on light demand for heavy offerings, with Choice down $1.36 to $301.06, while cash cattle trade was very quiet.

- Date: 2023-10-10 · published 2023-10-10T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/33787-hog-futures-pressured-by-cash-and-wholesale-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

Thin direct cash trade and softer boxed beef point to weaker cattle prices near term, though the moves are routine and small.

## Read by commodity

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

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/hog-futures-pressured-by-cash-and-wholesale-business/

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