# US live cattle futures firm on solid beef demand - CME
						 | The Cattle Site

> CME live cattle futures climbed as robust wholesale beef prices held up ahead of Labor Day retail demand. August live cattle rose to 136.45 cents per lb and October gained to 142.225 cents. Lean hog futures also rose on firm cash prices.

- Date: 2022-07-31 · published 2022-07-31T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/40623-us-live-cattle-futures-firm-on-solid-beef-demand-cme-the-cattle-site
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Tighter supplies of market-ready cattle and firm boxed beef support cattle prices in the near term, though recession worries could weigh on beef demand later.

## Read by commodity

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

## Sources

- thecattlesite.com: https://www.thecattlesite.com/news/58977/us-live-cattle-futures-firm-on-solid-beef-demand-cme

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