# Cash hogs close steady to sharply lower - Brownfield Ag News

> Cash hog prices closed steady to sharply lower on a light negotiated run, and October lean hogs fell $1.12 to $80.72. Cattle futures were mixed while the Callaway feeder sale showed good demand.

- Date: 2023-08-29 · published 2023-08-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/34722-cash-hogs-close-steady-to-sharply-lower-brownfield-ag-news
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Weaker cash hog bids signal soft near-term pork demand and pressure hog margins, which can trim hog-feeding and feed purchases. The move is a routine price update without a new supply shock.

## Read by commodity

- HOGS: bearish ▼
- FCATTLE: neutral

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cash-hogs-close-steady-to-sharply-lower/

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