# U.S. livestock: Lean hogs draw support from cash price discounts - AgCanada

> CME lean hog futures finished higher on July 17, 2017, helped by discounts to cash prices and technical buying, with August up 0.875 cent to 80.775 cents. Live cattle ended mostly firmer and feeder cattle closed higher.

- Date: 2017-07-17 · published 2017-07-17T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/4730-u-s-livestock-lean-hogs-draw-support-from-cash-price-discounts-agcanada
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Lean hog futures trading below cash prices attracted buying, though bears expect cash prices to peak seasonally as supplies rise. Firmer cattle markets support livestock feed demand modestly.

## Read by commodity

- HOGS: bullish ▲
- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- agcanada.com: https://www.agcanada.com/daily/u-s-livestock-lean-hogs-draw-support-from-cash-price-discounts

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