# Cash, hog futures sharply lower to end the week - Brownfield Ag News

> On Sept 29, October live cattle closed $2.30 lower at $184.20 and October feeders closed $2.25 lower at $252.47, with the decline attributed to technical selling and concerns about a government shutdown. Cash trade was quiet, with southern live cattle at $182 to $183 and northern dressed at $288 to $293.

- Date: 2023-09-29 · published 2023-09-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/34245-cash-hog-futures-sharply-lower-to-end-the-week-brownfield-ag-news
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Technical selling and shutdown concerns pressured futures, while steady cash bids indicate the market is holding firm underneath, so price direction depends on near-term risk sentiment.

## Read by commodity

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

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| FCATTLE | 2023-10-02 | 1 | -1.9% | -3.7 | Sept 29 sharp decline in feeder futures on technical selling and shutdown worries set up downward momentum carrying into Oct 2. |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cash-hog-futures-sharply-lower-to-end-the-week/

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