# Hogs Tumble on Seasonal Pressure | Fox Business

> CME August lean hog futures fell 3.2% to 79.9 cents a pound on July 14, 2017, the lowest close in about two weeks, after a multiyear high earlier in July. Wholesale pork prices had dipped Thursday before partly recovering Friday, while cattle futures rose on a higher-than-expected cash cattle trade.

- Date: 2017-07-14 · published 2017-07-14T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/4726-hogs-tumble-on-seasonal-pressure-fox-business
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Traders took profits after a strong run in hogs, with analysts seeing the seasonal peak in pork prices as likely near. Lower hog futures reduce expected returns for producers, while firmer cattle and cheaper grain support feedlot economics.

## Read by commodity

- HOGS: bearish ▼
- LCATTLE: bullish ▲

## Sources

- foxbusiness.com: https://www.foxbusiness.com/features/hogs-tumble-on-seasonal-pressure

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