# CME lean hog futures fall on demand worries; cattle rise - Swineweb.com - Complete Swine News, Markets, Commentary, and Technical Info

> CME August lean hog futures settled down 1.9 cents at 104.875 cents per pound on June 27 as traders cited weak consumer demand and a seasonal slowdown in meat buying. August live cattle settled slightly higher at 133.475 cents after a dip to the contract's lowest since June 1. Wholesale pork carcass prices fell $3.17 to $109.03 per cwt.

- Date: 2022-06-28 · published 2022-06-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/41099-cme-lean-hog-futures-fall-on-demand-worries-cattle-rise-swineweb-com-complete
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Weaker pork demand ahead of the July 4 and Labor Day seasons pressures hog prices, while cattle held steady. Consumer budget strain from high gasoline prices adds downside risk to meat demand.

## Read by commodity

- HOGS: bearish ▼
- LCATTLE: neutral

## Sources

- swineweb.com: https://swineweb.com/cme-lean-hog-futures-fall-on-demand-worries-cattle-rise/

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