# Hog futures mixed ahead of Thursday's USDA report - Brownfield Ag News

> Live and feeder cattle futures closed higher on June 29, with August live cattle up $0.62 at $174.50 and August feeders up $2.12 at $242.37. Cash cattle trade was light, with deals in Nebraska near $182 live. Hog futures were mixed ahead of the Thursday USDA report.

- Date: 2023-06-29 · published 2023-06-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/35640-hog-futures-mixed-ahead-of-thursday-s-usda-report-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

Firm cattle futures reflect tight cash supplies and steady feeder demand, supporting feeder cattle prices. Cash trade slightly below prior week points to limited near-term upside.

## Read by commodity

- HOGS: neutral
- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/hog-futures-mixed-ahead-of-thursdays-usda-report/

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