# Hog futures supported by stronger cash business - Brownfield Ag News

> Live and feeder cattle futures rose on June 6, with August live cattle up $2.22 at $175.50 and August feeders up $0.65 at $243.25. Choice boxed beef closed $7.21 higher at $321.40 on strong demand. Direct cash cattle trade was quiet, with bids near $190 live in the North.

- Date: 2023-06-06 · published 2023-06-06T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/35643-hog-futures-supported-by-stronger-cash-business-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Strong boxed beef demand and higher cattle futures support cattle prices, and the firm cutout signals packer demand for fed cattle.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/hog-futures-supported-by-stronger-cash-business/

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