# Lean hog futures rise on good demand, cattle mostly lower | Financial Post

> CME December lean hog futures climbed to a near three-week high of 82.25 cents per lb on Friday on strong demand and wider packer margins. Weekly pork export sales of 29,900 tonnes were reported for the week ended Oct. 6. Cattle futures ended mostly lower on technical selling and concerns that inflation could hurt demand for higher-end beef.

- Date: 2022-10-14 · published 2022-10-14T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/39271-lean-hog-futures-rise-on-good-demand-cattle-mostly-lower-financial-post
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Firm pork export demand and better packer margins support hog prices, which helps feeders weigh hog-based feed purchases. Softer cattle prices reduce the value of feeder cattle outlooks.

## Read by commodity

- HOGS: bullish ▲
- LCATTLE: bearish ▼

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/lean-hog-futures-rise-on-good-demand-cattle-mostly-lower

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