# Hog futures soar as trade talks advance - Brownfield Ag News

> Live cattle futures closed lower on weak cash trade and lower wholesale values, with feeder futures also pressured by a higher corn move. Direct cash bids were $123 live and asking prices $126 live.

- Date: 2019-05-01 · published 2019-05-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/4625-hog-futures-soar-as-trade-talks-advance-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Weak cash and wholesale trade lowers the cattle price outlook, while a corn rally raises feeding costs for buyers.

## Read by commodity

- CORN: bullish ▲
- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| LCATTLE | 2019-05-01 | 1 | -4.1% | -10.2 | Same-day report cites weak cash trade and lower wholesale values pressuring live cattle futures, a demand and price-discovery factor that contributed to the decline. |
| LCATTLE | 2019-05-02 | 5 | -5.2% | -3.8 | On May 1 futures fell on weak cash bids ($123 vs $126 asking) and lower wholesale values, with higher corn pressuring feeders. |
| LCATTLE | 2019-05-06 | 5 | -6.2% | -3.6 | Weak cash trade and lower wholesale values weighed on live cattle futures on May 1, with higher corn adding pressure to feeders. |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/hog-futures-soar-as-trade-talks-advance/

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