# April Hogs Encounter Resistance

> April lean hogs closed up $2.15 for the week, the highest weekly close yet, after peaking at $107.70 and then falling back on the final two days. Pork carcass value rose $12.55 to $109.96, and live cattle April futures ended the week at $146.17 after a high of $148.70.

- Date: 2022-02-14 · published 2022-02-14T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/42839-april-hogs-encounter-resistance
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Lower US hog numbers and firm retail demand are supporting hog prices, though the failed test of resistance signals a possible pause, which affects feed demand outlook.

## Read by commodity

- HOGS: bullish ▲
- LCATTLE: neutral

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/Ag/blogs/technically-speaking/blog-post/2022/02/14/april-hogs-encounter-resistance

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