# Strong pork values prop up hog futures - Brownfield Ag News

> Live and feeder cattle closed lower at the CME on 23 February, while lean hog futures ended higher on firm pork values. Boxed beef closed higher on moderate demand, and estimated cattle slaughter was 122,000 head.

- Date: 2021-02-23 · published 2021-02-23T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/48793-strong-pork-values-prop-up-hog-futures-brownfield-ag-news
- 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

Stronger pork and hog futures support hog-sector feed demand, while cattle trade is routine and carries limited feed price implications.

## Read by commodity

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

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/strong-pork-values-prop-up-hog-futures/

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