# LIVESTOCK-CME lean hogs climb as traders eye seasonal supply shifts - Swineweb.com - Complete Swine News, Markets, Commentary, and Technical Info

> CME lean hog futures climbed on Wednesday as traders weighed pork demand and seasonal supply. The most-active October contract gained 2.875 cents to 83.600 cents per pound, and the cutout eased to $92.59/cwt. Live cattle slipped on tight supplies and the upcoming Labor Day slaughter slowdown.

- Date: 2023-08-31 · published 2023-08-31T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/34725-livestock-cme-lean-hogs-climb-as-traders-eye-seasonal-supply-shifts-swineweb
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Expected fourth-quarter hog supply may weigh on prices later, while tight cattle supplies keep beef values supported. The day's gains were a routine technical move.

## Read by commodity

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

## Sources

- swineweb.com: https://swineweb.com/livestock-cme-lean-hogs-climb-as-traders-eye-seasonal-supply-shifts/

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