# Hog futures lower ahead of USDA report - Brownfield Ag News

> August live cattle closed $0.75 lower at $132.72 and August feeder cattle closed $2.30 lower at $171.82 on June 28. Cash cattle trade was quiet, with asking prices near $140 live in the South. Choice boxed beef fell $1.54 to $267.14.

- Date: 2022-06-28 · published 2022-06-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/41100-hog-futures-lower-ahead-of-usda-report-brownfield-ag-news
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Lower futures and boxed beef values signal softer cattle prices heading into the USDA Hogs and Pigs report. Slow cash trade limits price discovery in the near term.

## Read by commodity

- HOGS: bearish ▼
- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/hog-futures-lower-ahead-of-usda-report/
- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/hog-futures-mixed-ahead-of-hogs-and-pigs-report-4/

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