# Lean hog futures rise for second straight session - CME
						 | The Pig Site

> CME October lean hog futures settled up 1.35 cents at 93.6 cents/lb on Tuesday, a second straight gain, while December hogs rose to 85.5 cents. October live cattle settled at 143.825 cents after a 3-1/2 week low on bargain buying, and feeder cattle rose. The USDA reported the pork carcass value down 41 cents at $102.16/cwt.

- Date: 2022-08-31 · published 2022-08-31T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/40187-lean-hog-futures-rise-for-second-straight-session-cme-the-pig-site
- 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

Modest bargain buying lifts hog and cattle futures after recent declines, but wholesale pork weakness and rising interest-rate fears keep the near-term outlook cautious.

## Read by commodity

- HOGS: neutral
- FCATTLE: neutral
- LCATTLE: neutral

## Sources

- thepigsite.com: https://www.thepigsite.com/news/2022/08/lean-hog-futures-rise-for-second-straight-session-cme

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