# Lean hog futures ease - CME
						 | The Pig Site

> CME live cattle futures rose on Friday as packers sought to move market-ready cattle amid heat stress on the US Plains, with October live cattle up 0.45 cents. October lean hogs slid 0.65 cents and fell 2.8% for the week, as seasonal pressure outweighed producer concerns about herd expansion.

- Date: 2023-08-27 · published 2023-08-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/34724-lean-hog-futures-ease-cme-the-pig-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

Heat-related weight losses tighten cattle supply, supporting beef prices, while seasonal hog weakness and expected herd growth weigh on hog values. Neither move reflects a major new supply shock.

## Read by commodity

- HOGS: bearish ▼
- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- thepigsite.com: https://www.thepigsite.com/news/2023/08/live-cattle-gain-as-heat-impacts-producers-cme

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