# Hog futures supported by higher pork values - Brownfield Ag News

> Live cattle closed lower at the CME on Friday on technical selling, while feeder cattle were mostly higher as corn fell. December live cattle closed $0.42 lower at $153. Cash cattle deals and Nebraska auction prices were reported steady to higher.

- Date: 2022-10-28 · published 2022-10-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/39272-hog-futures-supported-by-higher-pork-values-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower corn prices help feeder cattle values by reducing feeding costs, while the lower live cattle futures weigh on the cattle complex.

## Read by commodity

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

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/hog-futures-supported-by-higher-pork-values-4/

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