# US feeder cattle rally to highest since November 2015 - CME
						 | The Cattle Site

> CME feeder cattle futures extended gains to their highest continuous level since November 2015 as technical buying followed two prior sessions of rallies. August live cattle settled at 136.875 cents per pound and August lean hogs rose to 110.5 cents, their highest since April.

- Date: 2022-07-13 · published 2022-07-13T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/40619-us-feeder-cattle-rally-to-highest-since-november-2015-cme-the-cattle-site
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

StoneX expects sharply reduced USDA beef production into late 2022 and 2023, which supports cattle prices; lean hog strength reflects firm cash prices.

## Read by commodity

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

## Sources

- thecattlesite.com: https://www.thecattlesite.com/news/58885/us-feeder-cattle-rally-to-highest-since-november-2015-cme

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